---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-032723"
form_type: "8-K"
ticker: null
cik: "0000846475"
company_name: "ZYNEX INC"
filed_at: "2026-03-20T23:59:59+00:00"
generated_at: "2026-05-15T09:33:26.472273+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Zynex Chapter 11 plan confirmed; existing equity to be cancelled

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-26-032723
- form_type: 8-K
- cik: 0000846475
- company_name: ZYNEX INC
- filed_at: 2026-03-20T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.9
- confidence: high
- sec_items: 1.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/846475/000110465926032723/0001104659-26-032723-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/846475/000110465926032723/zyxi-20260319x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-032723
- JSON: https://secwatch.observer/filing/0001104659-26-032723.json
- Plain text: https://secwatch.observer/filing/0001104659-26-032723.txt

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