{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-121390","form_type":"8-K","ticker":null,"cik":"0000846475","company_name":"ZYNEX INC","filed_at":"2025-12-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:42.351317+00:00","generated_at":"2026-05-16T13:08:41.336923+00:00","sec_items":["1.01","1.03","2.04","7.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.95,"confidence":"high","headline":"Zynex files Chapter 11; $60M notes default; $22.3M DIP from lenders","bullets":["Filed Chapter 11 petitions on Dec 15, 2025; $60M 5% convertible notes due 2026 triggered default.","Restructuring support agreement with 80% of noteholders; $22.3M DIP facility at 10% interest.","DIP lenders include CEO Steven Dyson ($2M) and noteholders; stalking horse bid set for asset sale.","Milestones: bid deadline 75 days, auction 90 days, emergence 105 days post-petition.","Company expects equity holders to experience significant loss; operations continue normally."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-121390","json":"https://secwatch.observer/filing/0001104659-25-121390.json","markdown":"https://secwatch.observer/filing/0001104659-25-121390.md","text":"https://secwatch.observer/filing/0001104659-25-121390.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/846475/000110465925121390/0001104659-25-121390-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/846475/000110465925121390/zyxi-20251215x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T13:08:41.336923+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}