secwatch.observer — SEC 8-K summary
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Issuer:     LL Flooring Holdings, Inc. (—)
CIK:        0001396033
Form:       8-K
Filed at:   2024-08-12T23:59:59+00:00
Accession:  0001193125-24-198385
Event type: other_material
Sentiment:  negative
Materiality: 1.00
Item codes: 1.01, 1.03, 2.04, 2.05, 5.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LL Flooring files Chapter 11, plans going-concern sale, closes 94 stores
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- Filed Chapter 11 on Aug 11, 2024 in Delaware; pursuing going-concern sale of business.
- Received commitment for up to $130M DIP financing from Bank of America-led group.
- 94 stores to close; Hilco appointed for store-closing sales.
- CFO Robert Madore resigned; Susan Bryan named interim CFO.
- Nonbinding LOI for Sandston, VA distribution center sale for ~$100M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1396033/000119312524198385/0001193125-24-198385-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1396033/000119312524198385/d794510d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-198385

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