Celsius to Transition to Mining-Solely NewCo After SEC Suggestions in Up to date Chapter Plan

“Within the coming weeks, the Debtors intend to file a movement with the Chapter Courtroom to approve modifications to the Plan to replicate the brand new Mining NewCo transaction,” the submitting mentioned. “The Debtors don’t imagine that these modifications would require resolicitation of the Plan. The Debtors nonetheless anticipate that distributions to collectors will start in January of 2024.”

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