secwatch.observer — SEC 8-K summary
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Issuer:     DYNATRONICS CORP (—)
CIK:        0000720875
Form:       8-K
Filed at:   2026-01-12T23:59:59+00:00
Accession:  0001062993-26-000178
Event type: other_material
Sentiment:  negative
Materiality: 0.95
Item codes: 1.03, 2.04, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/720875/000106299326000178/0001062993-26-000178-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/720875/000106299326000178/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001062993-26-000178

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