CorEnergy Infrastructure Trust, Inc. filed a plan of reorganization with related disclosure statement in the US Bankruptcy Court on February 25, 2024. As per the plan filed, administrative claims, statutory fees, professional fee claims, Restructuring Fees and Expenses, Priority Tax Claims, Other Priority Claims and General Unsecured Claims shall be paid in full in cash. Secured Claims shall be paid in cash in pro rata basis and Senior Notes of $118.45 million shall be recovered $95.10 million in cash.

Preferred Stock of $141.36 million shall be recovered 2.80 million where 8.25% of new common stock will be issued. Grier Member Claims shall be receiving equity in pro rata basis. Common Stock shall be cancelled with the distribution of cash.

The plan shall be funded through cash in hand. CorEnergy Infrastructure Trust, Inc. filed revised plan of reorganization with related disclosure statement in the US Bankruptcy Court on March 15, 2024. As per the plan filed, there is no change in the treatment of any claim class or funding of plan.