YogaWorks, Inc., along with its affiliates and official committee of unsecured creditors filed a joint plan of liquidation with related disclosure statement in the US Bankruptcy Court on February 16, 2021. As per the plan filed, administrative claims, statutory fees, professional compensation claims and priority tax claims will be paid full in cash. General unsecured claims of $17 million will be recovered 2% i.e. $0.34 million and will be paid through pro rata share of GUC cash and proceeds or property derived from the retained assets. Convenience claims of $0.03 million will be recovered 3% and will be paid in cash. All equity interests will be cancelled. The plan will be funded through cash in hand, proceeds from sale of assets, advance from GHP in the total amount of $1.62 million and payment of $0.10 million from Serene.