---
schema_version: "secwatch.filing_event.v1"
accession: "0000742112-23-000041"
form_type: "8-K"
ticker: null
cik: "0000742112"
company_name: "INVACARE HOLDINGS Corp"
filed_at: "2023-05-02T23:59:59+00:00"
generated_at: "2026-06-16T04:11:24.403904+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Invacare Chapter 11 plan confirmed; common equity cancelled with no recovery

## Summary
- Bankruptcy Court confirmed plan on April 28, 2023; effective date pending.
- All existing common shares (37.96M) will be cancelled, holders receive no distribution.
- Term loan and secured notes claimants get Pro Rata shares of Exit Term Loan or Exit Secured Convertible Notes.
- Unsecured noteholders get Pro Rata share of new common equity and Litigation Trust interests.
- As of March 31, 2023, total assets ~$596M, total liabilities ~$592M per monthly operating report.

## SEC filing metadata
- accession: 0000742112-23-000041
- form_type: 8-K
- cik: 0000742112
- company_name: INVACARE HOLDINGS Corp
- filed_at: 2023-05-02T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/742112/000074211223000041/0000742112-23-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/742112/000074211223000041/ivc-20230428.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000742112-23-000041
- JSON: https://secwatch.observer/filing/0000742112-23-000041.json
- Plain text: https://secwatch.observer/filing/0000742112-23-000041.txt

## Key facts
- Distress & Bankruptcy
  INVACARE HOLDINGS Corp entered chapter 11 in U.S. Bankruptcy Court for the Southern District of Texas (petition 2023-01-31).
  - Proceeding: chapter 11
  - Court: U.S. Bankruptcy Court for the Southern District of Texas
  - Petition: 2023-01-31
  source text: As previously disclosed, on January 31, 2023 (the “Petition Date”), Invacare Corporation (the “Company”) and two of its U.S. direct subsidiaries (collectively, the “Debtors” or “Company Parties”) filed voluntary petitions under chapter 11 of the U.S. Bankruptcy Code (the “Bankruptcy Code”) in the U.S. Bankruptcy Court for the Southern District of Texas (the “Bankruptcy Court”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/742112/000074211223000041/0000742112-23-000041-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.