The US Bankruptcy Court gave an order to Alfi, Inc to obtain DIP financing on an interim basis on October 31, 2022. As per the order, the debtor has been authorized to obtain secured post-petition financing in an aggregate maximum principal amount of $0.35 million out of it $0.15 million on interim basis from Lee Aerospace, Inc. Lee shall not charge the Estate any interest or fees in connection with the Post-Petition Financing; however, the financing shall be calculated as part of the Purchase Price in Lee's Asset Purchase Agreement. The Post-Petition Financing shall be re-paid if, and when, there are sufficient proceeds of Collateral available to make such payment as per the Sharing Arrangement.

The final hearing to consider on December 2, 2022.