Distress & Bankruptcy

OLENOX INDUSTRIES INC. entered chapter 11 in United States Bankruptcy Court for the Eastern District of Oklahoma (petition 2026-04-28).

“On April 28, 2026, SG Echo LLC, a Delaware limited liability company (“SG Echo” or the “Debtor”), a wholly owned subsidiary of Olenox Industries, Inc., a Delaware corporation (the “Company”), commenced a voluntary case (the “Chapter 11 Case”) under title 11 of the United States Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the Eastern District of Oklahoma (the “Bankruptcy Court”), to seek for a court-administered reorganization pursuant to a plan of reorganization (the “Plan”).”

OFFICE PROPERTIES INCOME TRUST entered chapter 11 in United States Bankruptcy Court for the Southern District of Texas (petition 2025-10-30).

“On October 30, 2025, the Company and its debtor affiliates (collectively, the “ Debtors ”) each commenced with the United States Bankruptcy Court for the Southern District of Texas (the “ Bankruptcy Court ”) a voluntary case (collectively, the “ Chapter 11 Cases ”) under chapter 11 of title 11 of the United States Code (the “ Bankruptcy Code ”). The Chapter 11 Cases are jointly administered under the caption In re Office Properties Income Trust , et al., Case No. 25-90530.”

CUMULUS MEDIA INC entered chapter 11 in United States Bankruptcy Court for the Southern District of Texas (petition 2026-03-04).

“on March 4, 2026, Cumulus Media Inc. (the “Company”) and certain of its direct and indirect subsidiaries (collectively with the Company, the “Company Parties”) commenced filing voluntary petitions (the “Chapter 11 Cases”) in the United States Bankruptcy Court for the Southern District of Texas (the “Bankruptcy Court”) seeking relief under Chapter 11 of Title 11 of the United States Code (the “Bankruptcy Code”).”

QVC INC entered chapter 11 (petition 2026-04-16).

“Voluntary Petition for Reorganization On April 16, 2026 (the “Petition Date”), the Company Parties commenced the Chapter 11 Cases under Chapter 11 of Title 11 of the United States Code (the “Bankruptcy Code”) in the Bankruptcy Court to implement the Restructuring Transactions and the Plan, in accordance with the Restructuring Support Agreement.”

QVC Group, Inc. entered chapter 11 in United States Bankruptcy Court Southern District of Texas Houston Division (petition 2026-04-16).

“On April 16, 2026 (the “Petition Date”), the Company Parties commenced the Chapter 11 Cases under Chapter 11 of Title 11 of the United States Code (the “Bankruptcy Code”) in the Bankruptcy Court to implement the Restructuring Transactions and the Plan, in accordance with the Restructuring Support Agreement.”

MARIZYME, INC. entered receivership in Circuit Court of the Fifteenth Judicial Circuit in and for Palm Beach County, Florida (petition 2026-04-17).

“The Assignee intends to commence an assignment for the benefit of creditors proceeding by filing a petition in the Circuit Court of the Fifteenth Judicial Circuit in and for Palm Beach County, Florida in accordance with Chapter 727, Florida Statutes on or before April 17, 2026.”

Luminar Technologies, Inc./DE entered chapter 11 in United States Bankruptcy Court for the Southern District of Texas (petition 2025-12-15).

“Luminar Technologies, Inc. (the “ Company ”) and certain of its subsidiaries (collectively, the “ Debtors ”) filed voluntary petitions (the “ Bankruptcy Petitions ”) for relief under chapter 11 of title 11 of the United States Code (the “ Bankruptcy Code ”) in the United States Bankruptcy Court for the Southern District of Texas (the “ Bankruptcy Court ”) on December 15, 2025 and December 31, 2025, thereby commencing chapter 11 cases (the “ Chapter 11 Cases ”). The Chapter 11 Cases are being jointly administered under Case No. 25-90807 (CML).”

LIPELLA PHARMACEUTICALS INC. entered chapter 11 in United States Bankruptcy Court for the Western District of Pennsylvania.

“On [Filing Date] , [Company Name, Inc.] (the “Company”) and certain of its subsidiaries (collectively, the “Debtors”) filed voluntary petitions for relief under Chapter 11 of Title 11 of the United States Code in the United States Bankruptcy Court for the Western District of Pennsylvania (the “Bankruptcy Court”).”

IO Biotech, Inc. entered chapter 7 in United States Bankruptcy Court for the District of Delaware (petition 2026-03-31).

“On March 31, 2026, after considering all strategic alternatives, IO Biotech, Inc. (the “Company”) ceased operations and filed a voluntary petition for relief (the “Petition”) under the provisions of Chapter 7 of Title 11 of the United States Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”).”

Broad Street Realty, Inc. entered chapter 7 in United States Bankruptcy Court for the District of Delaware (petition 2026-03-20).

“On March 20, 2026, Broad Street Realty (the “Company”) filed a voluntary petition for relief under the provisions of Chapter 7 of Title 11 of the United States Code, 11 U.S.C. §101 et seq. (the “Bankruptcy Code”). The petition was filed in the United States Bankruptcy Court for the District of Delaware, Case No. 26-10398-KBO (the “Bankruptcy Filing”). George L. Miller has been appointed as Chapter 7 Trustee (the “Chapter 7 Trustee”) , and the trustee will assume control over the assets and liabilities of the Company, effectively eliminating the authority and powers of the Board of Directors of the Company and its executive officers to act on its behalf. The assets of the Company will be liquidated and claims paid in accordance with the Bankruptcy Code.”

Cannabist Co Holdings Inc. entered chapter 15 in United States Bankruptcy Court for the District of Delaware.

“The Company also intends to commence proceedings under chapter 15 of the United States Bankruptcy Code under the jurisdiction of the United States Bankruptcy Court for the District of Delaware to seek recognition of the CCAA Proceedings and an initial order in the United States”

ZYNEX INC entered chapter 11 in United States Bankruptcy Court for the Southern District of Texas (petition 2025-12-15).

“on December 15, 2025 (the “Petition Date”), Zynex, Inc. (the “Company”) and certain of its subsidiaries (collectively, the “Company Subsidiary Parties” and together with the Company, the “Company Parties”) filed voluntary petitions (the “Chapter 11 Cases”) under chapter 11 of title 11 of the United States Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the Southern District of Texas”

Nine Energy Service, Inc. entered chapter 11 in Bankruptcy Court (petition 2026-03-04).

“On March 4, 2026, the Bankruptcy Court entered an order confirming the Plan.”

CUMULUS MEDIA INC entered chapter 11 (petition 2026-03-04).

“On March 4, 2026 (i.e., the Petition Date), the Company Parties filed voluntary petitions to commence the Chapter 11 Cases in the Bankruptcy Court to implement the Plan effectuating the Restructuring”

CHARLES & COLVARD LTD entered chapter 11 in United States Bankruptcy Court for the Eastern District of North Carolina (petition 2026-03-02).

“On March 2, 2026 (the “Petition Date”), Charles & Colvard, Ltd. (the “Company” or the “Debtor”), filed a voluntary petition for relief (the “Chapter 11 Case”) under Chapter 11 (“Chapter 11”) of Title 11 of the United States Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the Eastern District of North Carolina (the “Bankruptcy Court”).”

ZYNEX INC entered chapter 11 in United States Bankruptcy Court for the Southern District of Texas (petition 2025-12-15).

“As previously reported, beginning on December 15, 2025 (the “Petition Date”), Zynex, Inc. (the “Company”) and certain of its subsidiaries (collectively, the “Company Subsidiary Parties” and together with the Company, the “Company Parties”) filed voluntary petitions (the “Chapter 11 Cases”) under chapter 11 of title 11 of the United States Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the Southern District of Texas (the “Court”).”

OFFICE PROPERTIES INCOME TRUST entered chapter 11 in United States Bankruptcy Court for the Southern District of Texas (petition 2025-10-30).

“on October 30, 2025, OPI and certain of its subsidiaries (collectively, the “Debtors”) commenced voluntary cases (the “Chapter 11 Cases”) under chapter 11 of title 11 of the United States Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the Southern District of Texas (the “Bankruptcy Court”).”

Nine Energy Service, Inc. entered chapter 11 in United States Bankruptcy Court for the Southern District of Texas (petition 2026-02-01).

“on February 1, 2026, the Company and certain of its subsidiaries (collectively with the Company, the "Company Parties") filed voluntary petitions (the "Chapter 11 Cases") under chapter 11 of title 11 of the United States Code in the United States Bankruptcy Court for the Southern District of Texas (the "Bankruptcy Court") to implement a prepackaged chapter 11 plan of reorganization (the "Plan").”

Nine Energy Service, Inc. entered chapter 11 in United States Bankruptcy Court for the Southern District of Texas (petition 2026-02-01).

“On February 1, 2026 (the “Petition Date”), Nine Energy Service, Inc. (the “Company”) and certain of its subsidiaries”

ZYNEX INC entered chapter 11 in United States Bankruptcy Court for the Southern District of Texas (petition 2025-12-15).

“filed voluntary petitions (the "Chapter 11 Cases") under chapter 11 of title 11 of the United States Code (the "Bankruptcy Code") in the United States Bankruptcy Court for the Southern District of Texas (the "Court").”

Twin Hospitality Group Inc. entered chapter 11 in United States Bankruptcy Court for the Southern District of Texas (petition 2026-01-26).

“On January 26, 2026 (the " Petition Date "), Twin Hospitality Group Inc. (" we ", " us " or the " Company ") and each of its direct and indirect subsidiaries, along with its parent company, FAT Brands Inc. (" FAT Brands ") and each of FAT Brands’ other direct and indirect subsidiaries (collectively, the " Debtors "), commenced voluntary cases (the " Chapter 11 Cases ") under chapter 11 of title 11 of the United States Code (the " Bankruptcy Code ") in the United States Bankruptcy Court for the Southern District of Texas (the " Bankruptcy Court ").”

IROBOT CORP entered chapter 11 in United States Bankruptcy Court for the District of Delaware (petition 2025-12-14).

“Item 1.03 Bankruptcy or Receivership. As previously disclosed, on December 14, 2025 (the “Petition Date”), iRobot Corporation (the “Company”) and its subsidiaries iRobot US Holdings, LLC and iRobot Holdings LLC (together with the Company, the “Company Parties”) filed voluntary petitions (the “Chapter 11 Cases”) under chapter 11 of title 11 of the United States Code (“Bankruptcy Code”) in the United States Bankruptcy Court for the District of Delaware (the “Court”) to implement a prepackaged chapter 11 plan of reorganization (the “Plan”) that effectuates a financial restructuring of the Company (the “Financial Reorganization”).”

ZYNEX INC entered chapter 11 in United States Bankruptcy Court for the Southern District of Texas (petition 2025-12-15).

“On January 14, 2026, the Company Parties filed with the Court the Combined Disclosure Statement and Joint Plan of Reorganization of Zynex, Inc. and its Affiliated Debtors Pursuant to Chapter 11 of the Bankruptcy Code”

DYNATRONICS CORP entered chapter 7 in United States Bankruptcy Court for the District of Minnesota (petition 2026-01-09).

“On January 9, 2026, after considering all strategic alternatives, Dynatronics Corporation (the "Company"), and its wholly-owned subsidiaries, Hausmann Enterprises, LLC, Bird & Cronin, LLC, and Dynatronics Distribution Company, LLC (collectively, the "Debtors"), each ceased operations and filed a voluntary petition for relief (collectively, the "Bankruptcy Filings") under Chapter 7 of Title 11 of the United States Code, 11 U.S.C. §§ 101 et seq. in the United States Bankruptcy Court (the "Bankruptcy Court") for the District of Minnesota (collectively, the "Bankruptcy Cases").”

ModivCare Inc entered chapter 11 in the Bankruptcy Court (petition 2025-12-15).

“On December 15, 2025, the Bankruptcy Court entered the Confirmation Order confirming the Plan. On December 29, 2025, the Plan became effective and the Debtors emerged from the Chapter 11 Cases.”

Clearside Biomedical, Inc. entered chapter 11 in United States Court for the District of Delaware.

“the Company filed a voluntary petition (Case No. 25-12109) for relief under Chapter 11 of the Bankruptcy Code in the United States Court for the District of Delaware”

ZYNEX INC entered chapter 11 in United States Bankruptcy Court for the Southern District of Texas (petition 2025-12-15).

“On December 15, 2025 (the “Petition Date”), Zynex, Inc. (the “Company”) and certain of its subsidiaries (collectively, the “Company Subsidiary Parties” and together with the Company, the “Company Parties”) filed voluntary petitions (the “Chapter 11 Cases”) under chapter 11 of title 11 of the United States Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the Southern District of Texas (the “Court”).”

ZYNEX INC entered chapter 11 in United States Bankruptcy Court for the Southern District of Texas (petition 2025-12-15).

“Zynex, Inc. (the "Company") and certain of its subsidiaries (collectively, the "Company Subsidiary Parties" and together with the Company, the "Company Parties") filed voluntary petitions (the "Chapter 11 Cases") under chapter 11 of title 11 of the United States Code (the "Bankruptcy Code") in the United States Bankruptcy Court for the Southern District of Texas (the "Court").”

IROBOT CORP entered chapter 11 in United States Bankruptcy Court for the District of Delaware (petition 2025-12-14).

“Voluntary Petitions for Reorganization On December 14, 2025 (the “Petition Date”), the Company and its subsidiaries iRobot US Holdings, LLC and iRobot Holdings LLC (together with the Company, the “Company Parties”) filed voluntary petitions (the “Chapter 11 Cases”) under chapter 11 of title 11 of the United States Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the District of Delaware (the “Court”)”

Luminar Technologies, Inc./DE entered chapter 11 in United States Bankruptcy Court for the Southern District of Texas (petition 2025-12-15).

“On December 15, 2025, Luminar Technologies, Inc. (the “ Company ”) and certain of its subsidiaries (collectively, the “ Debtors ”) filed voluntary petitions (the “ Bankruptcy Petitions ”) for relief under chapter 11 of title 11 of the United States Code (the “ Bankruptcy Code ”) in the United States Bankruptcy Court for the Southern District of Texas (the “ Bankruptcy Court ”) thereby commencing chapter 11 cases (the “ Chapter 11 Cases ”).”

Chrome Holding Co. entered chapter 11 in United States Bankruptcy Court for the Eastern District of Missouri (petition 2025-03-23).

“on March 23, 2025, Chrome Holding Co., a Delaware corporation (the “Company”), and certain of its subsidiaries (collectively, the “Filing Subsidiaries” and, together with the Company, the “Debtors”) filed voluntary petitions seeking relief under Chapter 11 of Title 11 of the United States Bankruptcy Code (the “Bankruptcy Code”) in the United States Bankruptcy Court (the “Court”) for the Eastern District of Missouri”

Clearside Biomedical, Inc. entered chapter 11 in United States Bankruptcy Court for the District of Delaware (petition 2025-11-23).

“On November 23, 2025, Clearside Biomedical, Inc. (the “ Company ”) filed a voluntary petition (Case No. 25-12109) for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware (such court, the “ Court ” and such case, the “ Case ”).”

Sonder Holdings Inc. entered chapter 7 in U.S. Bankruptcy Court for the District of Delaware (petition 2025-11-14).

“Voluntary Petition for Bankruptcy On November 14, 2025 (the “Petition Date”), the Company and certain of its direct and indirect subsidiaries (collectively, the “Company Parties”) filed voluntary petitions to commence proceedings under chapter 7 (the “Proceedings”) of title 11 of the United States Code (the “Bankruptcy Code”) in the U.S. Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”)”

OFFICE PROPERTIES INCOME TRUST entered chapter 11 in United States Bankruptcy Court for the Southern District of Texas (petition 2025-10-30).

“OPI and certain of its subsidiaries (collectively, the “Debtors”) commenced voluntary cases (the “Chapter 11 Cases”) under chapter 11 of title 11 of the United States Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the Southern District of Texas (the “Bankruptcy Court”).”

OFFICE PROPERTIES INCOME TRUST entered chapter 11 in United States Bankruptcy Court for the Southern District of Texas (petition 2025-10-30).

“On October 30, 2025 (the “Petition Date”), OPI and certain of its subsidiaries (collectively, the “Debtors” or the “Company”) commenced voluntary cases (the “Chapter 11 Cases”) under chapter 11 of title 11 of the United States Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the Southern District of Texas (the “Bankruptcy Court”).”

FORMER BL STORES INC entered chapter 11 in United States Bankruptcy Court for the District of Delaware (petition 2024-09-09).

“Former BL Stores, Inc. (formerly known as Big Lots, Inc. and referred to herein as the “Company”) and its other subsidiaries (together with the Company, the “Debtors”) filed voluntary petitions for relief (collectively, the “Bankruptcy Petitions”) under chapter 11 of title 11 of the United States Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”).”

Loop Media, Inc. entered chapter 7 in United States Bankruptcy Court for the District of Nevada (petition 2025-10-09).

“On October 9, 2025, Loop Media, Inc. (the “Company”), and its wholly-owned subsidiary, Retail Media TV, Inc. (“RMTV” and collectively, the “Debtors”), each filed a voluntary petition for relief (the “Bankruptcy Filings”) under Chapter 7 of Title 11 of the United States Code, 11 U.S.C. §101 et seq. (the “Bankruptcy Code”).”

WOLFSPEED, INC. entered chapter 11 (petition 2025-09-29).

“The Company emerged from the Chapter 11 Cases on September 29, 2025.”

LUXURBAN HOTELS INC. entered chapter 11 in United States Bankruptcy Court for the Southern District of New York (petition 2025-09-14).

“On September 14, 2025 (the “Petition Date”), LuxUrban Hotels Inc. (the “Company”) and certain of its direct and indirect subsidiaries (collectively, the “Debtors”) filed voluntary petitions for relief under Chapter 11 of Title 11 of the United States Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the Southern District of New York (the “Court”). The cases are being administered under the caption LuxUrban Hotels Inc., Case No.25-12000 (collectively, the “Chapter 11 Cases”).”

Amergent Hospitality Group Inc. entered chapter 11 in United States Bankruptcy Court for the Northern District of Texas, Fort Worth Division.

“Amergent Hospitality Group, Inc. (the “Company”) and certain of its affiliates filed voluntary petitions for relief under chapter 11 of Title 11 of the United States Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the Northern District of Texas, Fort Worth Division (the “Bankruptcy Court”) under Case No. 24-42483-MXM-11 (the “Chapter 11 Case”).”

WOLFSPEED, INC. entered chapter 11 in United States Bankruptcy Court for the Southern District of Texas, Houston Division (petition 2025-06-30).

“On June 30, 2025 (the “Petition Date”), Wolfspeed, Inc. (“Wolfspeed”) and its wholly owned subsidiary, Wolfspeed Texas LLC (together with Wolfspeed, the “Company”), filed voluntary petitions commencing cases (the “Chapter 11 Cases”) under Chapter 11 of Title 11 of the United States Bankruptcy Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the Southern District of Texas, Houston Division (the “Court”) to implement a prepackaged chapter 11 plan of reorganization (the “Plan”).”

MARIN SOFTWARE INC entered chapter 11 in Bankruptcy Court (petition 2025-08-29).

“On August 29, 2025, the Bankruptcy Court entered an order, Docket No. 121 (the “Confirmation Order”), confirming the Plan.”

Wag! Group Co. entered chapter 11 in United States Bankruptcy Court for the District of Delaware (petition 2025-07-21).

“on July 21, 2025, Wag! Group Co. (the “Company”) and certain of its wholly owned subsidiaries (together with the Company, the “Debtors”) commenced cases (the “Chapter 11 Cases”) under Chapter 11 of Title 11 of the United States Code in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”). The Chapter 11 Cases are being jointly administered under the Chapter 11 Case of Wag! Group Co. (Case No. 25-11358).”

Benson Hill, Inc. entered chapter 11 in United States Bankruptcy Court for the District of Delaware (petition 2025-03-20).

“As previously disclosed, on March 20, 2025, Benson Hill, Inc. (the “Company”) and its wholly-owned subsidiaries Benson Hill Fresh, LLC, Benson Hill Holdings, Inc., Benson Hill Seeds Holdings, Inc., Benson Hill Seeds, Inc., BHB Holdings, LLC, Benson Hill ND OldCo, Inc., DDB Holdings, Inc., and J&J Southern Farms, Inc. (together with the Company, the “Debtors”) filed voluntary petitions for relief under chapter 11 of title 11 (“Chapter 11”) of the United States Code, 11 U.S.C. §§ 101–1532 (the “Bankruptcy Code”) in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”).”

Spirit Aviation Holdings, Inc. entered chapter 11 in U.S. Bankruptcy Court for the Southern District of New York (petition 2025-08-29).

“On August 29, 2025, Spirit Aviation Holdings, Inc. ("Spirit" or the "Company"), as well as Spirit Airlines, LLC (formerly known as Spirit Airlines, Inc.) ("Spirit Airlines"), Spirit IP Cayman Ltd. ("Brand IP Issuer"), Spirit Loyalty Cayman Ltd. ("Loyalty IP Issuer" and, together with Brand IP Issuer, the "Co-Issuers"), Spirit Finance Cayman 1 Ltd., Spirit Finance Cayman 2 Ltd. each a direct or indirect subsidiary of Spirit, filed a petition under chapter 11 of title 11 of the United States Code (the "Bankruptcy Code") in the Bankruptcy Court (the "Chapter 11 Cases").”

Accelerate Diagnostics, Inc entered chapter 11 in United States Bankruptcy Court for the District of Delaware (petition 2025-05-08).

“As previously disclosed, on May 8, 2025, Accelerate Diagnostics, Inc., a Delaware corporation (the “ Company ”), and its US subsidiary, Accelerate Diagnostics Texas, LLC (collectively, with the Company, the “ Company Parties ”), filed voluntary petitions for relief (the “ Bankruptcy Petitions ”) under Chapter 11 of the United States Code (the “ Bankruptcy Code ”) in the United States Bankruptcy Court for the District of Delaware (such court, the “ Court ” and such cases, the “ Cases ”).”

TPI COMPOSITES, INC entered chapter 11 in United States Bankruptcy Court for the Southern District of Texas (petition 2025-08-11).

“On August 11, 2025 (the “Petition Date”), TPI Composites, Inc. (the “Company”) and certain of its direct and indirect subsidiaries (collectively with the Company, the “Company Parties” or the “Debtors”) each filed voluntary petitions for relief under chapter 11 of title 11 of the United States Code (the “Bankruptcy Code” and such cases, the “Chapter 11 Cases”) in the United States Bankruptcy Court for the Southern District of Texas (the “Bankruptcy Court”).”

Global Clean Energy Holdings, Inc. entered chapter 11 in United States Bankruptcy Court for the Southern District of Texas (petition 2025-04-16).

“Concurrently with entry into the Restructuring Support Agreement, GCEH and its domestic direct and indirect subsidiaries (collectively, the "Debtors") filed petitions for relief under chapter 11 of title 11 of the United States Code (the "Bankruptcy Code") with the Bankruptcy Court to commence the Chapter 11 Cases and also filed a pre-arranged chapter 11 plan of reorganization as contemplated by the Restructuring Support Agreement.”

MARIN SOFTWARE INC entered chapter 11 in United States Bankruptcy Court for the District of Delaware (petition 2025-07-30).

“On July 30, 2025, the Bankruptcy Court entered orders granting relief on several motions filed by the Company.”