Dynatronics files Chapter 7 bankruptcy, ceases operations, trustee to liquidate

DYNATRONICS CORP

Filed Chapter 7 petition on Jan 9, 2026; subsidiaries Hausmann, Bird & Cronin, and Dynatronics Distribution included.
Chapter 7 trustee will administer liquidation of assets; initial creditors' meeting to be scheduled.
Bankruptcy triggers default under Loan and Security Agreement with Gibraltar Business Capital LLC and redemption rights on Series A and B preferred stock.
All directors (Brian Baker, Andrew Hulett, R. Scott Ward, Erin S. Enright, David B. Holtz) resigned; CEO and officers terminated effective trustee appointment.
Company ceased operations; no ongoing business activities expected.

item 1.03 item 2.04 item 5.02

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accession 0001062993-26-000178

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