---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-085345"
form_type: "8-K"
ticker: null
cik: "0001136294"
company_name: "NOS4-1, Inc."
filed_at: "2023-07-28T23:59:59+00:00"
generated_at: "2026-06-12T22:49:51.787435+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Williams Industrial Services files Chapter 11, secures $31.5M DIP, delisted from NYSE American

## Summary
- Filed Chapter 11 petitions on July 22, 2023; obtained DIP revolving facility up to $12M and term loan up to $19.5M.
- NYSE American suspended and delisted common stock on July 24; now trades on OTC Pink under WLMSQ.
- Appointed Edward Gavin as Chief Restructuring Officer effective July 27, a condition of DIP financing.
- Company warns holders of common stock may experience significant or complete loss on investment.
- DIP facilities are superpriority secured by assets, subject to Court-approved budget and covenants.

## SEC filing metadata
- accession: 0001104659-23-085345
- form_type: 8-K
- cik: 0001136294
- company_name: NOS4-1, Inc.
- filed_at: 2023-07-28T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.01, 2.03, 3.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1136294/000110465923085345/0001104659-23-085345-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1136294/000110465923085345/tm2322249d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-085345
- JSON: https://secwatch.observer/filing/0001104659-23-085345.json
- Plain text: https://secwatch.observer/filing/0001104659-23-085345.txt

## Key facts
- Listing & Compliance Notices
  NOS4-1, Inc. received a nyse_american delisting notice notice regarding other (rules 1003(c)(iii)).
  - Exchange: nyse american
  - Notice: delisting notice
  - Rules: 1003(c)(iii)
  source text: July 24, 2023, the Company received written notice from the staff of NYSE Regulation that, as a result of the Cases and in accordance with Section 1003(c)(iii) of the NYSE American Company Guide, NYSE Regulation has determined to commence proceedings to delist the common stock of the Company, par value $0.01 per share, from the NYSE American LLC (“ NYSE American ”). The Company does not intend to appeal NYSE Regulation’s determination. Trading of the Company’s common stock on the NYSE American was suspended on July 24, 2023, and the delisting will be effective 10 days after the NYSE American f
  evidence_url: https://www.sec.gov/Archives/edgar/data/1136294/000110465923085345/0001104659-23-085345-index.htm

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