---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-124385"
form_type: "8-K"
ticker: null
cik: "0001723580"
company_name: "BurgerFi International, Inc."
filed_at: "2024-12-02T23:59:59+00:00"
generated_at: "2026-05-29T11:27:21.273885+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# BurgerFi gets court approval for asset sales to TREW Capital; CEO Bachman departs

## Summary
- Court approved sale of Anthony's Coal Fired Pizza assets for $44M credit bid and BurgerFi assets for $10M credit bid to TREW Capital.
- Sales closed on Nov 15 (Anthony's) and Nov 27 (BurgerFi), fully satisfying DIP financing obligations.
- CEO Carl Bachman departed Nov 15 to join the Anthony's purchaser; no disagreement with company.
- Company will modify SEC reporting to file monthly operating reports via 8-K instead of periodic reports.
- Debtors filed Schedules of Assets and Liabilities on Nov 14; company cautions against reliance.

## SEC filing metadata
- accession: 0001104659-24-124385
- form_type: 8-K
- cik: 0001723580
- company_name: BurgerFi International, Inc.
- filed_at: 2024-12-02T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 1.03, 5.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1723580/000110465924124385/0001104659-24-124385-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1723580/000110465924124385/tm2429897d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-124385
- JSON: https://secwatch.observer/filing/0001104659-24-124385.json
- Plain text: https://secwatch.observer/filing/0001104659-24-124385.txt

## Key facts
- Distress & Bankruptcy
  BurgerFi International, Inc. entered chapter 11 in United States Bankruptcy Court for the District Court of Delaware (petition 2024-09-11).
  - Proceeding: chapter 11
  - Court: United States Bankruptcy Court for the District Court of Delaware
  - Petition: 2024-09-11
  source text: on September 11, 2024, BurgerFi International, Inc. (the “ Company ”) and 114 direct or indirect subsidiaries (collectively with the Company, the “ Debtors ”) filed voluntary petitions for relief under chapter 11 of Title 11 of the United States Code (the “ Bankruptcy Code ”) in the United States Bankruptcy Court for the District Court of Delaware (the “ Court ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1723580/000110465924124385/0001104659-24-124385-index.htm

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