secwatch.observer — SEC 8-K summary
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Issuer:     20230930-DK-Butterfly-1, Inc. (—)
CIK:        0000886158
Form:       8-K
Filed at:   2023-09-29T23:59:59+00:00
Accession:  0001193125-23-247428
Event type: other_material
Sentiment:  negative
Materiality: 1.00
Item codes: 1.03, 3.03, 5.02, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bankruptcy plan confirmed effective Sept 29; equity cancelled, management discharged
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- Bankruptcy Court entered Confirmation Order on Sept 14; Effective Date occurred Sept 29, 2023.
- All common stock and Series A Convertible Preferred Stock cancelled without consideration; shares have no value.
- All directors (including Sue Gove, Harriet Edelman, others) and officers ceased on the Effective Date.
- Company name changed to '20230930-DK-Butterfly-1, Inc.' effective Sept 21, 2023.
- Monthly operating report filed for period ending Aug 31 shows $18.5M cash; $55.7M cumulative professional fees paid.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/886158/000119312523247428/0001193125-23-247428-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/886158/000119312523247428/d579010d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-247428

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