secwatch.observer — SEC 8-K summary
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Issuer:     SURGALIGN HOLDINGS, INC. (—)
CIK:        0001760173
Form:       8-K
Filed at:   2023-06-23T23:59:59+00:00
Accession:  0001193125-23-173206
Event type: other_material
Sentiment:  negative
Materiality: 0.95
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Surgalign receives Nasdaq delisting notice after Chapter 11 filing; trading to move to OTC
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- Nasdaq delisting effective July 3, 2023; Company does not appeal.
- Chapter 11 filed June 19, 2023 in Southern District of Texas.
- Asset purchase agreement to sell substantially all hardware and biomaterials assets; stalking horse bidder in place for Digital Health.
- Common stock expected to trade on OTC under symbol SRGAQ after delisting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1760173/000119312523173206/0001193125-23-173206-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1760173/000119312523173206/d522153d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-173206

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer