According to Yahoo Finance, Celsius' attorney said that Celsius is planning to reinvent itself as a new publicly traded recovery company to exit bankruptcy proceedings, which is said to be possible in "a few months." Under the newly announced plan, creditors who lock up assets above a certain threshold will receive a token that reflects the value of their assets, called an Asset Share Token (AST). AST holders can either hold their tokens and be entitled to dividends over time, or they can sell these tokens on the open market. The plan has not yet been approved by the U.S. Office of the Trustee or other regulatory authorities. Other customers of the Celsius platform, which account for 60% to 70% of the total customer base, will receive a one-time allocation of negotiable cryptocurrency.