---
schema_version: "secwatch.filing_event.v1"
accession: "0000768835-25-000004"
form_type: "8-K"
ticker: null
cik: "0000768835"
company_name: "FORMER BL STORES INC"
filed_at: "2025-02-18T23:59:59+00:00"
generated_at: "2026-05-26T17:59:36.313412+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Big Lots files December operating report: $460K cumulative loss, zero cash; board overhauled

## Summary
- Board appointed Elizabeth A. LaPuma as director; all other directors resigned effective Jan 31, 2025.
- December operating report shows current month net loss of $161K, cumulative loss $460K since petition.
- Cash balance zero at month-end; total assets $649M, total liabilities $182K (largely prepetition unsecured).
- Company reiterates expectation that common shareholders will receive no recovery in Chapter 11.
- No professional fees or postpetition borrowing during the period.

## SEC filing metadata
- accession: 0000768835-25-000004
- form_type: 8-K
- cik: 0000768835
- company_name: FORMER BL STORES INC
- filed_at: 2025-02-18T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/768835/000076883525000004/0000768835-25-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/768835/000076883525000004/big-20250115.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000768835-25-000004
- JSON: https://secwatch.observer/filing/0000768835-25-000004.json
- Plain text: https://secwatch.observer/filing/0000768835-25-000004.txt

## Key facts
- Executive change
  Elizabeth A. LaPuma was appointed as director at FORMER BL STORES INC.
  - Action: appointed
  - Role: director
  source text: On January 15, 2025, the Board of Directors of the Company (the “Board”) appointed Elizabeth A. LaPuma as a director to fill a vacancy on the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/768835/000076883525000004/0000768835-25-000004-index.htm

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