---
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"
generated_at: "2026-11-09T13:05:53.933651+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Children's Place files Chapter 11, seeks Section 363 asset sale by end-December; bids due Dec. 9

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: negative
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.01, 1.03, 2.04, 5.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-124175
- JSON: https://secwatch.observer/filing/0001104659-26-124175.json
- Plain text: https://secwatch.observer/filing/0001104659-26-124175.txt

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