---
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"
generated_at: "2026-05-31T11:26:43.418081+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Bankruptcy court confirms Ebix Chapter 11 plan; common stock to be cancelled with no recovery

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-24-196984
- form_type: 8-K
- cik: 0000814549
- company_name: EBIX INC
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-196984
- JSON: https://secwatch.observer/filing/0001193125-24-196984.json
- Plain text: https://secwatch.observer/filing/0001193125-24-196984.txt

## Key facts
- Distress & Bankruptcy
  EBIX INC entered chapter 11 in United States Bankruptcy Court for the Northern District of Texas (petition 2023-12-17).
  - Proceeding: chapter 11
  - Court: United States Bankruptcy Court for the Northern District of Texas
  - Petition: 2023-12-17
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/814549/000119312524196984/0001193125-24-196984-index.htm

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