{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-289219","form_type":"8-K","ticker":null,"cik":"0001776197","company_name":"AKUMIN INC.","filed_at":"2023-12-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.386604+00:00","generated_at":"2026-06-07T18:09:55.815604+00:00","sec_items":["1.03","2.03","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Akumin OKs $130M DIP financing, confirms prepackaged plan, stock delisted to OTC Pink","bullets":["Bankruptcy Court authorized DIP facility increase from $75M to $130M from Stonepeak Magnet Holdings.","Company borrowed $10M on Nov 29 and $6M on Dec 4 under the DIP facility.","Prepackaged Chapter 11 plan confirmed on Nov 30; existing common stock canceled in exchange for cash contribution and CVRs.","Common stock delisted from Nasdaq on Nov 30; now trades on OTC Pink under symbol AKUMQ.","Series A note holders to receive 100% of new common stock of reorganized parent, subject to dilution."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-289219","json":"https://secwatch.observer/filing/0001193125-23-289219.json","markdown":"https://secwatch.observer/filing/0001193125-23-289219.md","text":"https://secwatch.observer/filing/0001193125-23-289219.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1776197/000119312523289219/0001193125-23-289219-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1776197/000119312523289219/d644809d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T18:09:55.815604+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":"ae442adba70f6363f50eb7de66d94a0ad0a28b1a","claim":"AKUMIN INC. incurred credit facility of up to $16 million with Stonepeak at 8.00% per annum payable in kind.","evidence_excerpt":"The information set forth in Item 1.03 of this Current Report on Form 8-K under the captions “Amendment to Debtor-in-Possession Financing” and “Notices of Borrowing of $16 million in Debtor-in-Possession Financing from Stonepeak” is incorporated by reference into this Item 2.03. Under the terms of the Amended DIP Term Sheet, the DIP Facility Loans accrue","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1776197/000119312523289219/0001193125-23-289219-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"up to $16 million"},{"label":"Counterparty","value":"Stonepeak"},{"label":"Rate","value":"8.00% per annum payable in kind"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"09d078d4487b02b817862cc5580868fab15c8365","claim":"AKUMIN INC. entered chapter 11 in United States Bankruptcy Court for the Southern District of Texas (petition 2023-10-22).","evidence_excerpt":"the Debtors filed voluntary petitions for relief under chapter 11 of title 11 of the United States Code, 11 U.S.C. §§ 101-1532 (the \"Bankruptcy Code\") in the Bankruptcy Court on October 22, 2023","evidence_source":"SEC 8-K Item 1.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1776197/000119312523289219/0001193125-23-289219-index.htm","confidence":0.9,"family_label":"Distress & Bankruptcy","details":[{"label":"Proceeding","value":"chapter 11"},{"label":"Court","value":"United States Bankruptcy Court for the Southern District of Texas"},{"label":"Petition","value":"2023-10-22"}],"fact_type":"distress_event"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}