BowFlex, Inc. filed a plan of liquidation with related disclosure statement in the US Bankruptcy Court on May 23, 2024. As per the plan filed, administrative claims, professional fee claims, priority claims, other priority claims of $0.69 million, DIP claims shall be paid in full in cash. General Unsecured Claims of $52.24 million shall be recovered 16.30% in cash.

Intercompany Claims and Subordinated Claims shall be cancelled. BowFlex Inc. Interests and BowFlex New Jersey Interests shall be cancelled. The plan shall be funded through cash in hand and sale of assets.

BowFlex, Inc., along with its affiliate, filed a joint revised plan of liquidation with related disclosure statement in the US Bankruptcy Court on June 18, 2024. As per the revised plan filed, General Unsecured Claims of $54.09 million shall be recovered 20.6% i.e., $11.14 million of its pro rata share of Liquidating Trust Interests. There are no changes in treatment of any other claim class or sources of plan funding.

BowFlex, Inc., along with its affiliate, filed a solicitation version of joint plan of liquidation with related disclosure statement in the US Bankruptcy Court on June 21, 2024. As per the plan filed, there are no changes in treatment of any claim class or sources of plan funding.