Rockley Photonics Holdings Limited filed an amendment to pre-packaged plan of reorganization in the US Bankruptcy Court on February 27, 2023. As per the plan filed, exit financing of $20.9 million. Super senior notes claims shall receive its pro rata share and interest in a distribution of Reorganized Rockley equity which will constitute 75.82% of reorganized Rockley Equity, the right to purchase its Pro Rata share of $15.87 million of the Exit Financing, its pro rata share of $5.08 million of the exit financing and the right to participate in the prepetition noteholder private placement to acquire its pro rata share of up to 75.82 % of $20 million of reorganized Rockley Equity at a 20% discount to agreed equity value.

Existing notes claims shall receive its pro rata share and interest in a distribution of reorganized Rockley Equity which will constitute 24.18% of reorganized Rockley Equity and the right to participate in the prepetition noteholder private placement to acquire its pro rata share of up to 24.18% of $20 million of reorganized Rockley Equity at a 20% discount to agreed equity value.