---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-122563"
form_type: "8-K"
ticker: null
cik: "0000846475"
company_name: "ZYNEX INC"
filed_at: "2025-12-18T23:59:59+00:00"
generated_at: "2026-05-16T12:50:37.148495+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Zynex files Chapter 11, secures $22.3M DIP facility; Nasdaq to delist stock

## Summary
- Filed Chapter 11 on Dec 15, 2025; entered $22.3M DIP credit agreement on Dec 17, 2025.
- DIP facility provides three draws: $10.15M (received Dec 18), $5M, $7.15M; interest 10% PIK.
- Nasdaq determined to delist common stock due to bankruptcy; trading suspended Dec 24, 2025; no appeal.
- Company expects common stock to trade on OTC Markets; warns equity holders will experience significant loss.

## SEC filing metadata
- accession: 0001104659-25-122563
- form_type: 8-K
- cik: 0000846475
- company_name: ZYNEX INC
- filed_at: 2025-12-18T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 1.0
- confidence: high
- sec_items: 1.01, 1.03, 2.03, 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/846475/000110465925122563/0001104659-25-122563-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/846475/000110465925122563/zyxi-20251217x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-122563
- JSON: https://secwatch.observer/filing/0001104659-25-122563.json
- Plain text: https://secwatch.observer/filing/0001104659-25-122563.txt

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