Capstone Green Energy files Chapter 11 plan supplement to prepackaged reorganization

Capstone Energy Plus, Inc.

Plan Supplement filed Oct 24 includes valuation, rejected/assumed contracts, and officer/board designations for reorganized entities.
Company will split: Retained Assets (trademarks/distributor support) to new private Co; other assets/liabilities to Capstone Green Energy LLC.
Reorganized PublicCo board to consist of current directors: Flexon, Fu, Jorden, Powelson, and one more (name truncated in filing).
Common stock now trades on OTC Expert Market with restricted visibility; company cautions trading is highly speculative.
Confirmation hearing scheduled for Nov 7, 2023; objections due Oct 31, 2023.

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