{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-045650","form_type":"8-K","ticker":null,"cik":"0001551693","company_name":"PROJECT SAGE OLDCO, INC.","filed_at":"2024-04-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.928386+00:00","generated_at":"2026-06-03T18:51:32.090515+00:00","sec_items":["1.01","1.03","2.01","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"Sientra sells substantially all assets in Chapter 11; Tiger APA $42.5M, Nuance $8M closed","bullets":["Tiger Aesthetics Medical to acquire most assets for $42.5M; closing expected by Apr 22.","Nuance Intermediary acquired Biocorneum scar management business for $8M; closed Apr 17.","Sientra warns equity holders may face significant or complete loss from Chapter 11 outcome.","Both sales approved by Bankruptcy Court; Asset Purchase Agreement exhibits filed with SEC."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-045650","json":"https://secwatch.observer/filing/0000950170-24-045650.json","markdown":"https://secwatch.observer/filing/0000950170-24-045650.md","text":"https://secwatch.observer/filing/0000950170-24-045650.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1551693/000095017024045650/0000950170-24-045650-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1551693/000095017024045650/sien-20240418.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T18:51:32.090515+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":"cba9d054b2c55a41975f06379afd79521c84eb23","claim":"PROJECT SAGE OLDCO, INC. entered chapter 11 in United States Bankruptcy Court for the District of Delaware (petition 2024-02-12).","evidence_excerpt":"on February 12, 2024 (the “ Petition Date ”), Sientra, Inc. (the “ Sientra ”) and certain of its direct and indirect subsidiaries (together with Sientra, the “ Company ”) filed voluntary petitions to commence proceedings under chapter 11 (the “ Chapter 11 Cases ”) of title 11 of the United States Code in the United States Bankruptcy Court for the District of Delaware (the “ Bankruptcy Court ”).","evidence_source":"SEC 8-K Item 1.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1551693/000095017024045650/0000950170-24-045650-index.htm","confidence":0.9,"family_label":"Distress & Bankruptcy","details":[{"label":"Proceeding","value":"chapter 11"},{"label":"Court","value":"United States Bankruptcy Court for the District of Delaware"},{"label":"Petition","value":"2024-02-12"}],"fact_type":"distress_event"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}