{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-056517","form_type":"8-K","ticker":null,"cik":"0001805087","company_name":"GELESIS HOLDINGS, INC.","filed_at":"2023-10-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.542697+00:00","generated_at":"2026-06-09T04:51:46.258363+00:00","sec_items":["1.03","5.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"Gelesis Holdings files for Chapter 7 bankruptcy, ceases operations, all directors & officers resign","bullets":["Filed voluntary Chapter 7 petition in Delaware Bankruptcy Court on Oct 30, 2023.","A Chapter 7 trustee will take control of assets; Board and officer authority eliminated.","CEO Yishai Zohar and COO David Pass resigned effective Oct 30; all six directors resigned.","Company has no officers, consultants, or employees as of the filing date.","Assets to be liquidated and claims paid per Bankruptcy Code."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-056517","json":"https://secwatch.observer/filing/0000950170-23-056517.json","markdown":"https://secwatch.observer/filing/0000950170-23-056517.md","text":"https://secwatch.observer/filing/0000950170-23-056517.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1805087/000095017023056517/0000950170-23-056517-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1805087/000095017023056517/gls-20231030.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T04:51:46.258363+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4591d58c7105f057b019c39e6353bf05f6a5787c","claim":"GELESIS HOLDINGS, INC. entered chapter 7 in United States Bankruptcy Court for the District of Delaware (petition 2023-10-30).","evidence_excerpt":"On October 30, 2023, after considering all strategic alternatives, Gelesis Holdings, Inc. (the \"Company\"), together with its U. S. subsidiaries, Gelesis, Inc., and Gelesis, LLC, ceased operations and filed a voluntary petition for relief 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 Case No. 23-11787 (the “Bankruptcy Filing”).","evidence_source":"SEC 8-K Item 1.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1805087/000095017023056517/0000950170-23-056517-index.htm","confidence":0.9,"family_label":"Distress & Bankruptcy","details":[{"label":"Proceeding","value":"chapter 7"},{"label":"Court","value":"United States Bankruptcy Court for the District of Delaware"},{"label":"Petition","value":"2023-10-30"}],"fact_type":"distress_event"},{"claim_id":"4885c9c2a8","claim":"Kathryn Cavanaugh resigned as Director at GELESIS HOLDINGS, INC..","evidence_excerpt":"Concurrent with the Bankruptcy Filing, on October 30, 2023, directors Paul Fonteyne (Chair), Alison Bauerlein, Kathryn Cavanaugh, Clayton Christopher, Jane Wildman and Yishai Zohar resigned as members of the Company's Board of Directors.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1805087/000095017023056517/0000950170-23-056517-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"522f554048","claim":"David Pass resigned as Chief Operating Officer at GELESIS HOLDINGS, INC..","evidence_excerpt":"Concurrent with the Bankruptcy Filing, on October 30, 2023, Yishai Zohar, President, Chief Executive Officer, Interim Principal Financial Officer and Principal Accounting Officer, Treasurer, Chief Compliance Officer and Corporate Secretary, and David Pass, Chief Operating Officer and Chief Commercial Officer, tendered their resignations, effective October 30, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1805087/000095017023056517/0000950170-23-056517-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Operating Officer"}],"fact_type":"executive_change"},{"claim_id":"63110c4291","claim":"Alison Bauerlein resigned as Director at GELESIS HOLDINGS, INC..","evidence_excerpt":"Concurrent with the Bankruptcy Filing, on October 30, 2023, directors Paul Fonteyne (Chair), Alison Bauerlein, Kathryn Cavanaugh, Clayton Christopher, Jane Wildman and Yishai Zohar resigned as members of the Company's Board of Directors.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1805087/000095017023056517/0000950170-23-056517-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"938ba0bc6e","claim":"Jane Wildman resigned as Director at GELESIS HOLDINGS, INC..","evidence_excerpt":"Concurrent with the Bankruptcy Filing, on October 30, 2023, directors Paul Fonteyne (Chair), Alison Bauerlein, Kathryn Cavanaugh, Clayton Christopher, Jane Wildman and Yishai Zohar resigned as members of the Company's Board of Directors.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1805087/000095017023056517/0000950170-23-056517-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"b5b32e10f9","claim":"Clayton Christopher resigned as Director at GELESIS HOLDINGS, INC..","evidence_excerpt":"Concurrent with the Bankruptcy Filing, on October 30, 2023, directors Paul Fonteyne (Chair), Alison Bauerlein, Kathryn Cavanaugh, Clayton Christopher, Jane Wildman and Yishai Zohar resigned as members of the Company's Board of Directors.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1805087/000095017023056517/0000950170-23-056517-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"edb4f60e68","claim":"Yishai Zohar resigned as President and Chief Executive Officer at GELESIS HOLDINGS, INC..","evidence_excerpt":"Concurrent with the Bankruptcy Filing, on October 30, 2023, Yishai Zohar, President, Chief Executive Officer, Interim Principal Financial Officer and Principal Accounting Officer, Treasurer, Chief Compliance Officer and Corporate Secretary, and David Pass, Chief Operating Officer and Chief Commercial Officer, tendered their resignations, effective October 30, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1805087/000095017023056517/0000950170-23-056517-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"fc6502d8d1","claim":"Paul Fonteyne resigned as Chair of the Board at GELESIS HOLDINGS, INC..","evidence_excerpt":"Concurrent with the Bankruptcy Filing, on October 30, 2023, directors Paul Fonteyne (Chair), Alison Bauerlein, Kathryn Cavanaugh, Clayton Christopher, Jane Wildman and Yishai Zohar resigned as members of the Company's Board of Directors.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1805087/000095017023056517/0000950170-23-056517-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chair of the Board"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}