---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-049048"
form_type: "8-K"
ticker: null
cik: "0001839412"
company_name: "QualTek Services Inc."
filed_at: "2023-04-24T23:59:59+00:00"
generated_at: "2026-06-16T19:29:28.482696+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# QualTek misses $3.7M interest payment, enters forbearance; Nasdaq delisting risk for late 10-K

## Summary
- Missed $3.7M interest on Convertible Notes due 2027; event of default could accelerate $130M principal.
- Forbearance agreements with 72% of noteholders, ABL lenders (commitment cut to $90M from $105M), and term loan lenders allowing up to $20M new money.
- Received Nasdaq delisting notice for failure to file Form 10-K; 60 days to submit compliance plan.
- Company may need bankruptcy restructuring; warns Class A holders will likely receive no value.
- Waiver/forbearance periods expire May 15, 2023, unless other defaults occur.

## SEC filing metadata
- accession: 0001104659-23-049048
- form_type: 8-K
- cik: 0001839412
- company_name: QualTek Services Inc.
- filed_at: 2023-04-24T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 3.01, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1839412/000110465923049048/0001104659-23-049048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1839412/000110465923049048/tm2313335d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-049048
- JSON: https://secwatch.observer/filing/0001104659-23-049048.json
- Plain text: https://secwatch.observer/filing/0001104659-23-049048.txt

## Key facts
- Listing & Compliance Notices
  QualTek Services Inc. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: late filing
  - Rules: 5250(c)(1)
  source text: April 18, 2023, QualTek Services Inc., a Delaware corporation (the “ Company ”), received a notice (the “ Notice ”) from The Nasdaq Stock Market LLC (“ Nasdaq ”) stating that because the Company has not yet filed its Form 10-K (the “ Form 10-K ”), the Company is no longer in compliance with Nasdaq Listing Rule 5250(c)(1), which requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission (the “ SEC ”). This notification has no immediate effect on the listing of the Company’s shares on Nasdaq. However, if the Company fails to timel
  evidence_url: https://www.sec.gov/Archives/edgar/data/1839412/000110465923049048/0001104659-23-049048-index.htm

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