secwatch.observer — SEC 8-K summary
======================================

Issuer:     NOS4-1, Inc. (—)
CIK:        0001136294
Form:       8-K
Filed at:   2023-07-28T23:59:59+00:00
Accession:  0001104659-23-085345
Event type: other_material
Sentiment:  negative
Materiality: 1.00
Item codes: 1.01, 2.03, 3.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1136294/000110465923085345/0001104659-23-085345-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1136294/000110465923085345/tm2322249d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-085345

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer