Ebix, Inc. filed a plan of reorganization with related disclosure statement in the US Bankruptcy Court on March 22, 2024. As per the plan filed, General Administrative Expense Claims, DIP Claims of $105 million, Professional Claims, Priority Tax Claims, Other Priority Claims, Other Secured Claims and Prepetition Secured Lender Claims shall be paid in full in cash. General Unsecured Claims and Section 510(b) Claims shall be paid on pro rata basis in cash.

Intercompany Claims and Intercompany Interests shall be reinstated. Existing Equity Interests shall be cancelled. The plan shall be funded through cash in hand.