Winc, Inc. filed a combined plan of reorganization with related disclosure statement in the US Bankruptcy Court on June 5, 2023. As per the plan filed, administrative claims, US Trustee fees, professional fee claims, priority tax claims, priority non-tax claims of $0.24 million and secured claims shall be paid in full in cash. General Unsecured Claims of $15.71 million shall be recovered 6%, i.e., $0.94 million in cash and no distribution shall be made towards intercompany claims. Interests in Winc and Interests in Winc Lost Poet shall be cancelled and Interests in BWSC shall receive no distribution.

The plan shall be funded through cash in hand and sale of assets. Winc, Inc. filed a modified combined plan of reorganization with related disclosure statement in the US Bankruptcy Court on June 27, 2023. As per the modified plan filed, there is no change in the treatment of any claim class.

Winc, Inc. filed a revised combined plan of reorganization with related disclosure statement in the US Bankruptcy Court on August 1, 2023. As per the revised plan filed, there is no change in the treatment of any claim class.