{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-124175","form_type":"8-K","ticker":"PLCE","cik":"0001041859","company_name":"Childrens Place, Inc.","filed_at":"2026-11-09T13:00:27+00:00","discovered_at":"2026-11-09T13:05:00.147571+00:00","generated_at":"2026-11-09T13:05:53.933651+00:00","sec_items":["1.01","1.03","2.04","5.02","7.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"Children's Place files Chapter 11, seeks Section 363 asset sale by end-December; bids due Dec. 9","bullets":["Voluntary chapter 11 petitions filed Nov. 8, 2026 in U.S. Bankruptcy Court for the District of New Jersey, Case No. 26-22682 (SLM); stores and e-commerce remain open.","Seeks Section 363 sale of substantially all assets, including IP, with bids due Dec. 9, 2026 and sale completion targeted by end of December 2026; in talks with multiple parties.","About $394M of debt in default and accelerated: Wells Fargo credit facility, SLR/Crystal term loan and Mithaq subordinated notes; automatic stay blocks enforcement.","Consulting deal with Tiger Capital, SB360 and GA Retail Solutions for liquidation sales Nov. 6, 2026-Feb. 28, 2027: 2.5% merchandise fee, 15% FF&E commission, $34.1M budget.","Kristin Clifford named COO, Global Sourcing & Product Operations effective Nov. 4, 2026 with no comp change; company plans new term loan from existing secured lenders."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-124175","json":"https://secwatch.observer/filing/0001104659-26-124175.json","markdown":"https://secwatch.observer/filing/0001104659-26-124175.md","text":"https://secwatch.observer/filing/0001104659-26-124175.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1041859/000110465926124175/0001104659-26-124175-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1041859/000110465926124175/tm2629319d1_8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-11-09T13:05:53.933651+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}