{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-110536","form_type":"8-K","ticker":null,"cik":"0001739426","company_name":"RVL Pharmaceuticals plc","filed_at":"2023-10-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.271504+00:00","generated_at":"2026-06-09T18:41:41.294631+00:00","sec_items":["1.01","1.03","2.03","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"RVL Pharma subsidiaries file Chapter 11; $17.5M DIP financing approved","bullets":["RevitaLid Pharmaceutical Corp., RVL Pharmaceuticals Inc. and RVL Pharmacy LLC filed Chapter 11 on Oct 12, 2023.","Bankruptcy Court approved interim DIP financing on Oct 13; $17.5M facility led by Athyrium, $7.5M drawn immediately.","Parent RVL PLC not in bankruptcy; shares expected to be cancelled upon winddown with no recovery for shareholders.","DIP loan has 9.50% margin, multi-draw terms, minimum liquidity covenant of $2.5M, and 7-week operating budget.","Trading in RVLP ordinary shares is highly speculative; company urges extreme caution."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-110536","json":"https://secwatch.observer/filing/0001104659-23-110536.json","markdown":"https://secwatch.observer/filing/0001104659-23-110536.md","text":"https://secwatch.observer/filing/0001104659-23-110536.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1739426/000110465923110536/0001104659-23-110536-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1739426/000110465923110536/tm2328848d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T18:41:41.294631+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"38e9c6fdde2b662ebfd30fa6647473936a4e1de9","claim":"RVL Pharmaceuticals plc entered chapter 11 in United States Bankruptcy Court for the District of Delaware (petition 2023-10-12).","evidence_excerpt":"filed voluntary petitions (Case No. 23-11704 (BLS)) (the “Chapter 11 Cases”) for relief under Chapter 11 of title 11 of the United States Code in the United States Bankruptcy Court for the District of Delaware","evidence_source":"SEC 8-K Item 1.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1739426/000110465923110536/0001104659-23-110536-index.htm","confidence":1.0,"family_label":"Distress & Bankruptcy","details":[{"label":"Proceeding","value":"chapter 11"},{"label":"Court","value":"United States Bankruptcy Court for the District of Delaware"},{"label":"Petition","value":"2023-10-12"}],"fact_type":"distress_event"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}