Our team has been heads-down and hard at work further developing the NewCo operating model with the Debtors as they prepare to file the plan and disclosure statement, which we expect later this month. We are at a pivotal point in this process and want to make sure this has our full focus and attention so we get things right and can deliver the best value to the community.

We are proud to have been selected to sponsor a plan of reorganization for #Celsius. We have launched a dedicated page on our website to bring transparency to this process and provide information about the plan as it becomes available: Novawulf.io/Celsius We have reached an agreement in principal with #Celsius to sponsor a plan that returns a majority of liquid tokens to creditors, maximizes the value of the estate’s illiquid assets, and salvages the company’s strong operating businesses.