Zynex files amended Chapter 11 plan with global settlement; equity holders expected to suffer significant loss

ZYNEX INC

Filed Second Amended Plan on Feb 1, 2026, implementing global settlement among debtors, noteholders, and unsecured creditors committee.
Plan establishes trust for Convertible Notes and General Unsecured Claims, funded with $750,000 initial funding plus D&O policies and estate claims.
Plan includes equity transaction with a yet-to-be-determined Plan Sponsor; Excess Sale Proceeds to be distributed per Plan.
Common stock delisted from Nasdaq on Dec 24, 2025; now trades on OTC Pink under ZYXIQ; Nasdaq filed Form 25 on Jan 23, 2026.
Company warns that equity holders will experience significant loss; trading in securities is highly speculative.

item 1.03

Machine-readable event card

schema_version: secwatch.filing_event.v1
accession: 0001104659-26-009241
form_type: 8-K
ticker: null
cik: 0000846475
company_name: ZYNEX INC
filed_at: 2026-02-02T23:59:59+00:00
discovered_at: 2026-05-14T18:02:37.817423+00:00
generated_at: 2026-05-16T05:50:27.833373+00:00
sec_items: ["1.03"]
event_type: other
sentiment: negative
materiality_score: 0.95
confidence: high
secwatch_canonical_url: https://secwatch.observer/filing/0001104659-26-009241
json_url: https://secwatch.observer/filing/0001104659-26-009241.json
markdown_url: https://secwatch.observer/filing/0001104659-26-009241.md
text_url: https://secwatch.observer/filing/0001104659-26-009241.txt
edgar_index_url: https://www.sec.gov/Archives/edgar/data/846475/000110465926009241/0001104659-26-009241-index.htm
edgar_primary_document_url: https://www.sec.gov/Archives/edgar/data/846475/000110465926009241/zyxi-20260129x8k.htm
generated_by_model: deepseek-v4-flash:cloud@v2
review_status: machine_generated
human_reviewed: false
corrected: false
correction_note: null
correction_timestamp: null
superseded_by: null

JSON Markdown Plain text

Source: SEC EDGAR

accession 0001104659-26-009241

view filing index on sec.gov

view primary document

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.