Cyxtera Technologies Inc (fka CYXTQ)

[tchalla]

and again for the idiots in the front row, one of two things could happen aside from a buyout, under the reorg plan:

On the Plan Effective Date or as soon as reasonably practicable
thereafter, except to the extent that a holder of an Equity
Interest agrees to less favorable treatment, in full and final
satisfaction, settlement, release, and discharge of and in
exchange for each allowed Equity Interest, each holder of an
Equity Interest shall receive:
(A) in the event the Recapitalization Transaction is
consummated through Pre-Packaged Chapter 11 Cases, its pro
rata share of the Equity Recovery Pool. In such case, the Plan
shall provide for the funding of a value recovery pool in an
amount no less than the Equity Plan Recovery Amount for
distribution to holders of Equity Interests on a pro rata basis
(the “Equity Recovery Pool”). The Equity Recovery Pool shall
be in a form acceptable to the Required Consenting
Term Lenders; or
(B) in the event the Recapitalization Transaction is not
consummated through Pre-Packaged Chapter 11 Cases, no
recovery. In such case, the Equity Interests shall be cancelled
and extinguished