Fast Radius, Inc., along with its affiliates. filed a combined disclosure statement and joint reorganization plan in the US Bankruptcy Court on December 19, 2022. As per the plan filed, administrative claims, priority tax claims, U.S. trustee fees, professional fee claims, other secured claims of $0.5 million and other priority claims, shall be paid in full in cash.

SVB secured claims of $7.8 million and SVB Capital secured claims shall receive its pro rata share of its distribution under sale order, prepetition lender distribution. General unsecured claims of shall be recovered less than 1% and shall receive its pro rata share of GUC recovery. Intercompany claims & Intercompany interests shall be reinstated or cancelled.

Interests in Debtor Fast Radius, Inc. shall be cancelled and shall not receive any distribution under the plan. Section 510(b) Claims shall be canceled, released, and expunged without any distribution. The plan shall be funded through cash and sale of assets.

Fast Radius, Inc., along with its affiliates. filed a first revised combined disclosure statement and joint reorganization plan in the US Bankruptcy Court on January 12, 2023. As per the plan filed, administrative claims, priority tax claims, U.S. trustee fees, professional fee claims, other secured claims of approximately $0.5 million and other priority claims, shall be paid in full in cash.

SVB secured claims of $7.9 million shall be recovered full and shall receive of its distribution under sale order, prepetition lender distribution. SVB Capital secured claims of $16.7 million shall be recovered of $5.1 million and shall receive of its distribution under sale order, prepetition lender distribution. General unsecured claims in the range of $21 million to $24 million shall be recovered approximately in the range of 6% to 8% and shall receive its pro rata share of $0.75 million.

Intercompany claims & Intercompany interests shall be reinstated or cancelled, provided that no distributions shall be made under the plan. Interests in Debtor Fast Radius, Inc. shall be cancelled and shall not receive any distribution under the plan. Section 510(b) Claims shall be canceled, released, and expunged without any distribution.

The plan shall be funded through cash and sale of assets. Fast Radius, Inc., along with its affiliates. filed a second revised combined disclosure statement and joint reorganization plan in the US Bankruptcy Court on January 17, 2023.

As per the document, no material changes in claim and treatment. Fast Radius, Inc., along with its affiliates. filed a third revised combined disclosure statement and joint reorganization plan in the US Bankruptcy Court on February 7, 2023.

As per the document no material changes in claims and their treatment.