Case filing & court posture: Conscious Content Media, Inc., doing business as Begin, filed prepackaged chapter 11 petitions on December 17, 2025 in the United States Bankruptcy Court for the District of Delaware (Case No. 25-12231). Dkt. 1 The Honorable Brendan Linehan Shannon presides.
Liquidity & financing path: The Debtors obtained a $10 million DIP facility from [212]MEDIA, LLC at 14% interest, including a $6.76 million roll-up of prepetition bridge notes. Dkt. 13 The interim DIP order was entered on December 19, 2025. Dkt. 34
Restructuring plan: The Debtors filed a combined disclosure statement and plan on December 23, 2025. Dkt. 40 The restructuring contemplates eliminating approximately $106.5 million of debt and securing at least $20 million in fresh capital through Series A preferred equity.
Confirmation hearing: A combined confirmation hearing is scheduled for February 20, 2026. Dkt. 41 The voting deadline is February 10, 2026, and the objection deadline is February 13, 2026.
