secwatch.observer — SEC 8-K summary
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Issuer:     ZYNEX INC (—)
CIK:        0000846475
Form:       8-K
Filed at:   2026-02-02T23:59:59+00:00
Accession:  0001104659-26-009241
Event type: other
Sentiment:  negative
Materiality: 0.95
Item codes: 1.03
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/846475/000110465926009241/0001104659-26-009241-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/846475/000110465926009241/zyxi-20260129x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-009241

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