Emerge Energy Services LP filed a plan of reorganization with related disclosure statement in the US Bankruptcy Court on July 25, 2019. As per the plan filed, Administrative Claims, Professional Fee Claims, Priority Tax Claims, Other Priority Claims, DIP Credit Agreement Claims, Other Secured Claims, Secured Tax Claims, Prepetition Credit Agreement Claims shall be paid in full in cash. If the class of General Unsecured Claims votes to accept this plan, then each holder of this claim class shall receive pro rata share of 5.0% of the new limited partnership interests and new warrants representing 10.0% of the new limited partnership interests. Intercompany Claims shall be reinstated, compromised, or cancelled, at the option of the relevant claim holders. Old Emerge GP Equity Interests will be cancelled without further notice to, approval of or action by any person or entity. Old Emerge LP Equity Interests claims holders shall not receive any consideration in this plan. Old Affiliate Equity Interests shall remain effective and outstanding on the effective date. If the class of Prepetition Notes Claims votes to accept this plan, then holders shall receive pro rata share of new second lien Notes, the new emerge GP Equity Interests; and 95% of the new limited partnership interests. The plan shall be funded through cash in hand and Exit Facility Loans.