{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-196984","form_type":"8-K","ticker":null,"cik":"0000814549","company_name":"EBIX INC","filed_at":"2024-08-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.963378+00:00","generated_at":"2026-05-31T11:26:43.418081+00:00","sec_items":["1.03","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"Bankruptcy court confirms Ebix Chapter 11 plan; common stock to be cancelled with no recovery","bullets":["Court confirmed Third Amended Joint Plan on Aug 2, 2024; equity holders receive no distribution.","Plan sponsor consortium (Eraaya Lifespaces, Vikas Lifecare, Vitasta Software) to fund at least $145M new money investment.","$3.5M contributed to GUC Recovery Pool for allowed non-lender unsecured claims.","Debtors reported $533M assets and $1.05B liabilities as of June 30, 2024.","Effective date pending satisfaction of all conditions precedent."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-196984","json":"https://secwatch.observer/filing/0001193125-24-196984.json","markdown":"https://secwatch.observer/filing/0001193125-24-196984.md","text":"https://secwatch.observer/filing/0001193125-24-196984.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/814549/000119312524196984/0001193125-24-196984-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/814549/000119312524196984/d857062d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T11:26:43.418081+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":"0ce492b43cde6efb86b2ce6faf90fe84180aee06","claim":"EBIX INC entered chapter 11 in United States Bankruptcy Court for the Northern District of Texas (petition 2023-12-17).","evidence_excerpt":"filed voluntary petitions under Chapter 11 of title 11 of the United States Code (the “ Bankruptcy Code ”) in the United States Bankruptcy Court for the Northern District of Texas","evidence_source":"SEC 8-K Item 1.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/814549/000119312524196984/0001193125-24-196984-index.htm","confidence":0.9,"family_label":"Distress & Bankruptcy","details":[{"label":"Proceeding","value":"chapter 11"},{"label":"Court","value":"United States Bankruptcy Court for the Northern District of Texas"},{"label":"Petition","value":"2023-12-17"}],"fact_type":"distress_event"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}