{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-237292","form_type":"8-K","ticker":null,"cik":"0001770141","company_name":"UpHealth, Inc.","filed_at":"2023-09-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.171788+00:00","generated_at":"2026-06-10T13:39:45.548838+00:00","sec_items":["1.03","2.04","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"UpHealth subsidiary files Chapter 11; $172M in debt accelerated after court loss","bullets":["UpHealth Holdings filed for Chapter 11 on Sept 19, 2023 in Delaware Bankruptcy Court (Case No. 23-11476).","Chapter 11 follows Sept 14, 2023 summary judgment favoring Needham & Company LLC in unrelated lawsuit.","Filing triggers acceleration of $57.2M in 2025 Notes and $115M in 2026 Notes; payments stayed by bankruptcy.","UpHealth Inc. itself not in bankruptcy; expects normal operations, intends to pay post-filing vendors in full."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-237292","json":"https://secwatch.observer/filing/0001193125-23-237292.json","markdown":"https://secwatch.observer/filing/0001193125-23-237292.md","text":"https://secwatch.observer/filing/0001193125-23-237292.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1770141/000119312523237292/0001193125-23-237292-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1770141/000119312523237292/d496861d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T13:39:45.548838+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":"87322d28f32ec30b6e355e7a2054f1ec946500b1","claim":"UpHealth, Inc. faced acceleration on convertible notes of approximately $57.2 million in aggregate principal amount of 2025 Notes and approximately $115 million in aggregate prin with Wilmington Trust, National Association at 6.25% Convertible Senior Notes due 2026 and Variable Rate Convertible Senior Sec maturing June 15, 2026 (2026 Notes); December 15, 2025 (2025 Notes).","evidence_excerpt":"The filing of the Chapter 11 Case on the Petition Date as described in Item 1.03 above constitutes an event of default that accelerated the Company’s obligations under the following debt instruments (the “Debt Instruments”): • Indenture, dated June 9, 2021, by and between the Company and Wilmington Trust, National Association, a national banking association, in its capacity as trustee thereunder, governing the 6.25% Convertible Senior Notes due 2026 (the “2026 Notes”) which, subject to the event of default triggered by the Chapter 11 Case, mature on June 15, 2026. • Indenture, dated as of August 18, 2022, by and between the Company and Wilmington Trust, National Association, a national banking association, in its capacity as trustee and as collateral agent thereunder, governing the Variable Rate Convertible Senior Secured Notes due 2025 (the “2025 Notes”) which, subject to the event of default triggered by the Chapter 11 Case, mature on December 15, 2025.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1770141/000119312523237292/0001193125-23-237292-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"approximately $57.2 million in aggregate principal amount of 2025 Notes and approximately $115 million in aggregate prin"},{"label":"Counterparty","value":"Wilmington Trust, National Association"},{"label":"Rate","value":"6.25% Convertible Senior Notes due 2026 and Variable Rate Convertible Senior Sec"},{"label":"Maturity","value":"June 15, 2026 (2026 Notes); December 15, 2025 (2025 Notes)"},{"label":"Event","value":"acceleration"}],"fact_type":"debt_financing"},{"claim_id":"e8c35530df0e312180473e258898a7c2d74e18d5","claim":"UpHealth, Inc. entered chapter 11 in United States Bankruptcy Court for the District of Delaware (petition 2023-09-19).","evidence_excerpt":"On September 19, 2023 (the “Petition Date”), UpHealth Holdings, Inc., a Delaware corporation (“UpHealth Holdings” or the “Debtor”) and a wholly-owned direct subsidiary of UpHealth, Inc. (the “Company”), filed a voluntary petition for relief under Chapter 11 of the U.S. Bankruptcy Code (the “Chapter 11 Case”) 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/1770141/000119312523237292/0001193125-23-237292-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":"2023-09-19"}],"fact_type":"distress_event"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}