---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-157575"
form_type: "8-K"
ticker: null
cik: "0001333835"
company_name: "Casa Systems Inc"
filed_at: "2024-06-10T23:59:59+00:00"
generated_at: "2026-06-01T05:15:32.781761+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Casa Systems Chapter 11 plan effective; equity cancelled; assets sold to CommScope for $45.1M

## Summary
- On June 7, 2024, Chapter 11 plan went effective; all common stock, warrants, and equity awards cancelled with no recovery.
- Board of directors expired and all officers terminated on the effective date.
- Cable and broadband assets sold to CommScope Technologies LLC for $45.1 million, closed June 7, 2024.
- Company intends to deregister securities and cease SEC reporting obligations.
- Outstanding debt under Term Loan and Superpriority Credit Agreements cancelled.

## SEC filing metadata
- accession: 0001193125-24-157575
- form_type: 8-K
- cik: 0001333835
- company_name: Casa Systems Inc
- filed_at: 2024-06-10T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.02, 1.03, 2.01, 3.03, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1333835/000119312524157575/0001193125-24-157575-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1333835/000119312524157575/d768240d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-157575
- JSON: https://secwatch.observer/filing/0001193125-24-157575.json
- Plain text: https://secwatch.observer/filing/0001193125-24-157575.txt

## Key facts
- Distress & Bankruptcy
  Casa Systems Inc entered chapter 11 in Bankruptcy Court (petition 2024-06-07).
  - Proceeding: chapter 11
  - Court: Bankruptcy Court
  - Petition: 2024-06-07
  source text: On June 7, 2024, all conditions to the occurrence of the Effective Date set forth in the Plan and the Confirmation Order were satisfied and the Effective Date of the Plan occurred.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1333835/000119312524157575/0001193125-24-157575-index.htm
- M&A Transactions
  Casa Systems Inc completed a disposition involving CommScope Technologies LLC for $45,100,000 (closed 2024-06-07).
  - Action: disposition
  - Counterparty: CommScope Technologies LLC
  - Consideration: $45,100,000
  - Closing: 2024-06-07
  source text: to the terms and conditions of the Cable APA, to purchase the Transferred Assets and assume the Assumed Liabilities (each as defined in the Cable APA) from the Sellers for $45,100,000. On June 4, 2024, the Bankruptcy Court approved the sale, and the sale was consummated by the Sellers and CommScope on June 7, 2024, thereby completing the disposition of the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1333835/000119312524157575/0001193125-24-157575-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.