![]() ![]() Should I vote to accept or reject the Plan proposed by Genesis? At this time, Gemini does not have a recommendation on whether you should vote to accept or reject the Plan. Gemini and Genesis have differing views regarding the merits of the Adversary Proceeding, as more fully described in the Disclosure Statement (see Genesis Solicitation Package p. Among other things, the Amended Plan provides that, if confirmed and consummated, (1) Earn users will receive an initial distribution of Genesis’s assets and (2) at the same time, Gemini can continue to pursue the Adversary Proceeding against Genesis seeking to recover value for the benefit of Earn users (for more information, see the November 29th, 22nd, and October 27th Earn updates, below). Frequently Asked Questions What does the Plan say/mean? We encourage you to review all of the material included in the Genesis Solicitation Package to make an informed judgment about the Plan. THESE FAQS DO NOT SUPERCEDE, AND SHOULD NOT BE RELIED ON IN LIEU OF, THE GENESIS SOLICITATION MATERIALS. Gemini does not undertake any obligation to update this information. ![]() Please note that nothing contained here is or is intended to be legal advice to any party in this matter, and this is being provided for convenience only you should consult with your own lawyer regarding your rights in the bankruptcy cases. You may also direct any questions to counsel to the Genesis Debtors at or to the Unsecured Creditors Committee (UCC) by completing an inquiry form on the Committee’s website. Below are some FAQs that we hope you will find useful as you review the Plan. The voting deadline is January 10, 2024, at 4pm EST. Please read the Disclosure Statement and its exhibits carefully before deciding whether to vote to accept or reject the Plan. The Disclosure Statement contains both a summary of the terms of the Plan (Section VII) and a description of the risk factors associated with the Plan (Section IX). ![]() The Bankruptcy Court found that the Disclosure Statement contains adequate information to enable Earn users to make an informed judgment about the Plan. Earn users will soon receive an email with specific instructions on how to vote on the Plan and a link to the Genesis Solicitation Package, including the Disclosure Statement. Solicitation of the Genesis Plan of Reorganization (Plan) began today. ![]()
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