---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-079190"
form_type: "8-K"
ticker: null
cik: "0001839412"
company_name: "QualTek Services Inc."
filed_at: "2023-07-07T23:59:59+00:00"
generated_at: "2026-06-13T11:14:24.529900+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# QualTek Chapter 11 Plan Confirmed; Emergence Expected July 14; Equity Canceled

## Summary
- Bankruptcy Court confirmed Plan on June 30, 2023; effective date expected around July 14, 2023.
- Existing Class A and Class B common stock and warrants canceled; equity holders receive no recovery.
- Total assets approx. $599.6M, total liabilities approx. $779.4M as of June 30, 2023.
- CEO Hisey entered letter agreement to continue beyond July 18 via 30-day extensions at same base comp.
- Exit financing includes $25M first lien term loans from post-petition term loan lenders.

## SEC filing metadata
- accession: 0001104659-23-079190
- form_type: 8-K
- cik: 0001839412
- company_name: QualTek Services Inc.
- filed_at: 2023-07-07T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.03, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1839412/000110465923079190/0001104659-23-079190-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1839412/000110465923079190/tm2320500d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-079190
- JSON: https://secwatch.observer/filing/0001104659-23-079190.json
- Plain text: https://secwatch.observer/filing/0001104659-23-079190.txt

## Key facts
- Distress & Bankruptcy
  QualTek Services Inc. entered chapter 11 in United States Bankruptcy Court for the Southern District of Texas (petition 2023-05-24).
  - Proceeding: chapter 11
  - Court: United States Bankruptcy Court for the Southern District of Texas
  - Petition: 2023-05-24
  source text: On May 24, 2023, QualTek Services Inc. (the “Company”) and certain of its subsidiaries (collectively with the Company, the “Debtors” or the “Company Parties”) commenced voluntary cases (the “Chapter 11 Cases”) under Chapter 11 of Title 11 of the United States Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the Southern District of Texas (the “Bankruptcy Court”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1839412/000110465923079190/0001104659-23-079190-index.htm

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