Troika Media Group, Inc. filed a joint plan of liquidation with related disclosure statement in the US Bankruptcy Court on February 16, 2024. As per the plan filed, administrative claims, priority tax claims, Priority Non-Tax Claims, United States Trustee Statutory Fees, professional fee claims, priority tax claims shall be paid in full in cash. General Unsecured Claims of $7.50 million shall be received 6.7% in cash.

Blue torch deficiency claims of $39.43 million shall receive no distribution. Equity interests shall be cancelled. The plan shall be funded through cash in hand and sale of assets.

Troika Media Group, Inc. filed solicitation version of disclosure statement in the US Bankruptcy Court on February 23, 2024. As per the plan filed, there is no change in the treatment of any claim class.