Zynex Chapter 11 plan confirmed; existing equity to be cancelled

ZYNEX INC

Bankruptcy court confirmed Third Amended Joint Plan on March 19, 2026; effective date expected by March 31, 2026.
Plan Sponsor (owned by DIP lenders) will receive 100% of new common shares; existing common stock cancelled.
DIP lenders also get pro rata share of $10M takeback debt; GUC Trust established for unsecured claims.
Company's common stock was delisted from Nasdaq in Dec 2025; now trades on OTC under ZYXIQ.
Approximately 30.8M shares outstanding before plan; after effective date, only 1,000 new shares issued to Plan Sponsor.

item 1.03 item 9.01

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filed_at: 2026-03-20T23:59:59+00:00
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