The US Bankruptcy Court approved the first amended plan of reorganization and related disclosure statement of P10 Industries, Inc. on April 27, 2017. The debtor had filed its first amended plan of reorganization and related disclosure statement in the court on April 20, 2017. As per the amended plan, Administrative Claims, Statutory Fees, Professional Fee Claims and Priority Tax Claims will be paid in full in cash. Holders of Secured Non-Tax Claims, Priority Non-Tax Claims, Secured Tax Claims and General Unsecured Claims will either be paid cash in full on effective date or through deferred cash payments or reinstate the claim or any other treatment as agreed by the debtor. All the equity interests of the debtor shall be cancelled and holders of interests shall be issued an equal number of shares of common stock in the reorganized debtor. The plan will be funded from cash in hand and proceeds from sale of reorganized debtor’s common shares and preferred stock for $4.65 million.