Bright Green announces next steps for completion of restructuring plan

Restructuring Plan Approval: Bright Green Corporation, led by new CEO Lynn Stockwell, is seeking court approval for a Restructuring Security Agreement that aims to provide new equity to fully pay creditors while allowing existing shareholders to retain their interests without dilution.

Manufacturing and Job Creation: The plan includes establishing DEA and FDA compliant facilities in the U.S. for producing controlled substances, which will create thousands of jobs in rural areas and support the American supply chain through federal loan guarantees and significant investments.