DELAWARE
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87-0638510
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(State or other jurisdiction of
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(IRS Employer
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incorporation)
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Identification No.)
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[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
On June 21, 2011, the Company filed with the Bankruptcy Court the Joint Plan of Reorganization of Raser Technologies, Inc. and its Affiliated Debtors (the "Plan") and the Disclosure Statement with respect to the Plan (the "Disclosure Statement"). A hearing to consider the adequacy of the information provided in the Disclosure Statement is scheduled for July 26, 2011.
The Plan and the Disclosure Statement are subject to amendment prior to final confirmation by the Bankruptcy Court.
Among other things, the Plan provides that all common stock and other equity ownership interests in the Company are to be cancelled and that the holders of such securities will not receive any property or distribution under the Plan on account of such securities. Reference should be made the Plan for the description and treatment of all of the classes of claimants under the Plan and other terms and conditions regarding implementation of the Plan.
Copies of the Plan and the Disclosure Statement can be accessed utilizing the following link:
RASER TECHNOLOGIES, INC.
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Date: June 27, 2011
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By:
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/s/ Nicholas Goodman
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Nicholas Goodman
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Chief Executive Officer
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