---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-019179"
form_type: "8-K"
ticker: "CGEH"
cik: "0001009759"
company_name: "Capstone Energy Plus, Inc."
filed_at: "2023-11-17T23:59:59+00:00"
generated_at: "2026-06-07T23:47:27.841041+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Capstone Green Energy receives court confirmation of Chapter 11 plan; secures additional $3M DIP financing

## Summary
- Bankruptcy Court confirmed prepackaged Chapter 11 plan on Nov 14, 2023; plan includes $7.0M exit financing (up from $5.0M).
- Entered First Amendment to DIP Note Purchase Agreement on Nov 15; waived certain milestone breaches.
- Issued $3.0M in new money DIP notes to fund restructuring, working capital; interest at SOFR + 8.75% payable in kind.
- Upon emergence, company becomes private holding trademarks and distributor support; Capstone Turbine International renamed as successor public co.
- Post-emergence officers: Robert C. Flexon Interim President/CEO, John J. Juric CFO; board of 5 named.

## SEC filing metadata
- accession: 0001558370-23-019179
- form_type: 8-K
- ticker: CGEH
- cik: 0001009759
- company_name: Capstone Energy Plus, Inc.
- filed_at: 2023-11-17T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.01, 1.03, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1009759/000155837023019179/0001558370-23-019179-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1009759/000155837023019179/cgrn-20231109x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-019179
- JSON: https://secwatch.observer/filing/0001558370-23-019179.json
- Plain text: https://secwatch.observer/filing/0001558370-23-019179.txt

## Key facts
- Debt Financings
  Capstone Energy Plus, Inc. incurred senior notes of $3.0 million with Broad Street Credit Holdings LLC at SOFR Rate plus 8.75% per annum.
  - Instrument: senior notes
  - Principal: $3.0 million
  - Counterparty: Broad Street Credit Holdings LLC
  - Rate: SOFR Rate plus 8.75% per annum
  - Event: incurrence
  source text: On November 15, 2023, the Company issued, and the Purchaser funded, $3.0 million in new money debtor-in-possession notes (“New Money DIP Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1009759/000155837023019179/0001558370-23-019179-index.htm
- Distress & Bankruptcy
  Capstone Energy Plus, Inc. entered chapter 11 in United States Bankruptcy Court for the District of Delaware (petition 2023-09-28).
  - Proceeding: chapter 11
  - Court: United States Bankruptcy Court for the District of Delaware
  - Petition: 2023-09-28
  source text: As previously disclosed, on September 28, 2023 (the "Petition Date"), Capstone Green Energy Corporation
  evidence_url: https://www.sec.gov/Archives/edgar/data/1009759/000155837023019179/0001558370-23-019179-index.htm
- Material Agreements
  Capstone Energy Plus, Inc. amended First Amendment with Broad Street Credit Holdings LLC valued at $3.0 million (effective 2023-11-15).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Broad Street Credit Holdings LLC
  - Value: $3.0 million
  - Effective: 2023-11-15
  source text: On November 15, 2023, the Company entered into the First Amendment (the “First Amendment”) to Super-Priority Senior Secured Debtor-In-Possession Note Purchase Agreement
  evidence_url: https://www.sec.gov/Archives/edgar/data/1009759/000155837023019179/0001558370-23-019179-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.