SED International Holdings, Inc., filed a plan of liquidation with related disclosure statement in the US Bankruptcy Court on March 19, 2018. As per the plan filed, Administrative Claims of $0.18 million, Priority Tax Claims of $0.09 million, Priority Claims of $400.00 and Secured Claims of $0.02 million shall be paid in full in cash. Unsecured Claims of $11.8 million shall receive a recovery of 7.5% full in cash. Convenience Class Claim of $0.06 million shall receive a recovery of 5%. Equity Interest Holders shall not receive any distribution under the plan and all equity interest will be cancelled on the effective date. The plan shall be funded from debtor’s cash in hand and assets sale.