secwatch.observer — SEC 8-K summary
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Issuer:     ZYNEX INC (—)
CIK:        0000846475
Form:       8-K
Filed at:   2025-12-18T23:59:59+00:00
Accession:  0001104659-25-122563
Event type: other_material
Sentiment:  negative
Materiality: 1.00
Item codes: 1.01, 1.03, 2.03, 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/846475/000110465925122563/0001104659-25-122563-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/846475/000110465925122563/zyxi-20251217x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-122563

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