{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-305339","form_type":"8-K","ticker":null,"cik":"0001830180","company_name":"Legacy EJY, Inc.","filed_at":"2022-12-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.486607+00:00","generated_at":"2026-06-21T04:17:32.458888+00:00","sec_items":["1.03","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"Legacy EJY Chapter 11 plan confirmed; common stock cancelled with zero recovery","bullets":["Bankruptcy court confirmed Chapter 11 liquidation plan on Dec. 14, 2022, cancelling all common stock and equity interests.","Equity interests (common stock and warrants) receive 0% recovery, rendering shares worthless.","General Unsecured Claims estimated at $26.25M-$26.75M with projected recovery of 46-64%.","Unsecured Note Claim of ~$10.14M has projected recovery of 0-31%."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-305339","json":"https://secwatch.observer/filing/0001193125-22-305339.json","markdown":"https://secwatch.observer/filing/0001193125-22-305339.md","text":"https://secwatch.observer/filing/0001193125-22-305339.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1830180/000119312522305339/0001193125-22-305339-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1830180/000119312522305339/d394290d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T04:17:32.458888+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":[{"claim_id":"6c60adb55f00c5cc4349a93116ac3825e4eedc5c","claim":"Legacy EJY, Inc. entered chapter 11 in United States Bankruptcy Court for the District of Delaware (petition 2022-06-30).","evidence_excerpt":"filed voluntary petitions (and the cases commenced thereby, the “Chapter 11 Cases”) under Chapter 11 of Title 11 of the United States Code in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”).","evidence_source":"SEC 8-K Item 1.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1830180/000119312522305339/0001193125-22-305339-index.htm","confidence":0.9,"family_label":"Distress & Bankruptcy","details":[{"label":"Proceeding","value":"chapter 11"},{"label":"Court","value":"United States Bankruptcy Court for the District of Delaware"},{"label":"Petition","value":"2022-06-30"}],"fact_type":"distress_event"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}