---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-007267"
form_type: "8-K"
ticker: null
cik: "0001411688"
company_name: "Container Store Group, Inc."
filed_at: "2025-01-29T23:59:59+00:00"
generated_at: "2026-05-27T06:40:45.294214+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Container Store exits Chapter 11; old equity wiped out, new lenders own company

## Summary
- Emerged from Chapter 11 on Jan 28, 2025; all outstanding common stock cancelled for no consideration.
- New exit term loan of $115.1M and $40M upsized ABL facility; $40M in new financing obtained.
- Company becomes private and intends to terminate SEC reporting obligations under the Exchange Act.
- Eight directors resigned; Jeffrey A. Miller appointed as director; Satish Malhotra remains CEO.
- DIP Term Lenders own ~64% of new equity; lenders are now the controlling owners.

## SEC filing metadata
- accession: 0001104659-25-007267
- form_type: 8-K
- cik: 0001411688
- company_name: Container Store Group, Inc.
- filed_at: 2025-01-29T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 1.02, 1.03, 3.02, 3.03, 5.01, 5.02, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1411688/000110465925007267/0001104659-25-007267-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1411688/000110465925007267/tm254690d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-007267
- JSON: https://secwatch.observer/filing/0001104659-25-007267.json
- Plain text: https://secwatch.observer/filing/0001104659-25-007267.txt

## Key facts
- Distress & Bankruptcy
  Container Store Group, Inc. entered chapter 11 in unknown (petition 2025-01-29).
  - Proceeding: chapter 11
  - Petition: 2025-01-29
  source text: The Company intends to terminate its reporting obligations under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and continue as a private company. Item 1.01 Entry into a Material Definitive Agreement. Debtor-in-Possession Credit Agreements On the Effective Date, (a) the Company’s Senior Secured Super-Priority Priming Debtor-in-Possession Term Loan Credit Agreement (the “DIP Term Facility”) matured and all outstanding loans thereunder (the “DIP Term Loans”) were converted into Exit Term Loans (as defined below), and (b) the Company’s Senior Secured Superpriority Debtor-in-Possession Asset-Based Revolving Credit Agreement (the “DIP ABL Facility”) matured and all outstanding loans thereunder (the “DIP ABL Loans”) were converted into Exit ABL Loans (as defined below). New Exit Term Loan Credit Agreement On the Effective Date, the Company Parties entered into an exit term loan credit agreement (the “Exit Term Loan Credit Agreement”) with the lenders under the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1411688/000110465925007267/0001104659-25-007267-index.htm
- Executive change
  Jeffrey A. Miller was appointed as Director at Container Store Group, Inc..
  - Action: appointed
  - Role: Director
  source text: Jeffrey A. Miller was appointed as a director of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1411688/000110465925007267/0001104659-25-007267-index.htm
- Governance Changes
  Container Store Group, Inc.: Adopted Second Amended and Restated Certificate of Incorporation upon effectiveness of Plan.
  - Change: charter amendment
  source text: the Company adopted a Second Amended and Restated Certificate of Incorporation ("Certificate of Incorporation")
  evidence_url: https://www.sec.gov/Archives/edgar/data/1411688/000110465925007267/0001104659-25-007267-index.htm

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