Allied Healthcare Products, Inc. filed a plan of liquidation with related disclosure statement in the US Bankruptcy Court on October 6, 2023. As per the plan filed, administration expense claims, priority tax claims, US trustee fee claims shall be paid in full in cash. General unsecured claims of $17.50 million shall be recovered 25% in cash.

Employee Wage and Benefit Claims shall be paid in full in cash. AFCO premium credit $0.05 million shall be paid on pro rata basis in cash. Equity interests shall be cancelled.

The plan shall be funded through cash in hand and sale of assets.