secwatch.observer — SEC 8-K summary
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Issuer:     Cano Health, Inc. (—)
CIK:        0001800682
Form:       8-K
Filed at:   2024-07-01T23:59:59+00:00
Accession:  0001193125-24-172745
Event type: other_material
Sentiment:  negative
Materiality: 0.90
Item codes: 1.01, 1.02, 1.03, 2.03, 3.02, 3.03, 5.01, 5.02, 5.03, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cano Health exits Chapter 11; old common stock canceled, new $211M exit financing
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- Bankruptcy Court confirmed Plan on June 28, 2024; company emerged with new $211.25M exit credit facility.
- Old common stock canceled; 41.8M new common shares and 2.2M warrants (exercise $25.30) issued.
- Board reconstituted: Mark Kent remains, Eric Hsiao and Alan Wheatley join; three vacancies open.
- Company to file Form 15 to deregister Class A common stock and warrants, citing fewer than 300 holders.
- Shareholders' Agreement grants nomination rights to Nut Tree, Anchorage, Squarepoint, Diameter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1800682/000119312524172745/0001193125-24-172745-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1800682/000119312524172745/d840809d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-172745

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