{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-117072","form_type":"8-K","ticker":null,"cik":"0001821850","company_name":"Sunlight Financial Holdings Inc.","filed_at":"2023-11-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.730242+00:00","generated_at":"2026-06-08T05:23:09.454084+00:00","sec_items":["1.03","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"Sunlight Financial Holdings files Chapter 11; existing equity to be canceled under prepackaged plan","bullets":["Debtors commenced Chapter 11 cases on Oct 30, 2023, in Delaware Bankruptcy Court.","Combined hearing on disclosure statement and plan confirmation set for Dec 5, 2023 at 2:00 PM ET.","Existing Interests (Class 6) are impaired and deemed to reject; holders receive no distribution.","CRB Claims (Class 3) are impaired and entitled to vote; CRB Secured Claims other than loan program agreements receive new equity and $4.39M cash.","General Unsecured Claims (Class 4) are unimpaired and will be reinstated."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-117072","json":"https://secwatch.observer/filing/0001104659-23-117072.json","markdown":"https://secwatch.observer/filing/0001104659-23-117072.md","text":"https://secwatch.observer/filing/0001104659-23-117072.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1821850/000110465923117072/0001104659-23-117072-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1821850/000110465923117072/tm2330434d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T05:23:09.454084+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":"3cb0d4ac08968de40f2a1705a6ee07a5c13f1950","claim":"Sunlight Financial Holdings Inc. entered chapter 11 in United States Bankruptcy Court for the District of Delaware (petition 2023-10-30).","evidence_excerpt":"filed with the United States Bankruptcy Court for the District of Delaware (the “ Bankruptcy Court ”) the Joint Prepackaged Chapter 11 Plan of Reorganization","evidence_source":"SEC 8-K Item 1.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1821850/000110465923117072/0001104659-23-117072-index.htm","confidence":0.9,"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":"2023-10-30"}],"fact_type":"distress_event"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}