Extracted from this filing and checked against the source text.
Distress & Bankruptcy
SEC 8-K Item 1.03
confidence 0.95
ZYNEX INC entered chapter 11 in United States Bankruptcy Court for the Southern District of Texas (petition 2025-12-15).
- Proceeding
- chapter 11
- Court
- United States Bankruptcy Court for the Southern District of Texas
- Petition
- 2025-12-15
Exact text from the filing
On December 15, 2025 (the “Petition Date”), Zynex, Inc. (the “Company”) and certain of its subsidiaries (collectively, the “Company Subsidiary Parties” and together with the Company, the “Company Parties”) filed voluntary petitions (the “Chapter 11 Cases”) under chapter 11 of title 11 of the United States Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the Southern District of Texas (the “Court”).
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Listing & Compliance Notices
SEC 8-K Item 3.01
confidence 0.97
ZYNEX INC received a nasdaq delisting notice notice regarding other (rules 5101, 5110(b), IM-5101-1).
- Exchange
- nasdaq
- Notice
- delisting notice
- Rules
- 5101, 5110(b), IM-5101-1
Exact text from the filing
December 17, 2025, the Company received a written notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, pursuant to Nasdaq Listing Rules 5101, 5110(b) and IM-5101-1, Nasdaq had determined to delist the Company’s common stock as a result of the Chapter 11 Cases. Pursuant to Nasdaq listing rules, the Company has the right to appeal Nasdaq’s delisting determination. The Notice further advises that Nasdaq will suspend trading of the Company’s common stock at the opening of business on December 24, 2025 and that Nasd
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
ZYNEX INC entered into DIP Facility Credit Agreement with Zynex, Inc., certain subsidiaries, DIP Lenders, Wilmington Savings Fund Society, FSB as administrative agent and collateral agent valued at $22.3 million delayed draw senior secured debtor-in-possession term loan (effective 2025-12-17).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Zynex, Inc., certain subsidiaries, DIP Lenders, Wilmington Savings Fund Society, FSB as administrative agent and collateral agent
- Value
- $22.3 million delayed draw senior secured debtor-in-possession term loan
- Effective
- 2025-12-17
Exact text from the filing
On December 17, 2025, following receipt of interim approval from the Court (the “DIP Order”), the Company entered into the DIP Facility in an aggregate principal amount of $22.3 million on the terms and conditions set forth in the DIP Facility credit agreement (the “DIP Credit Agreement”) between the Company Parties, the DIP Lenders and Wilmington Savings Fund Society, FSB, as administrative agent and collateral agent (the “Collateral Agent”).
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