---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-201357"
form_type: "8-K/A"
ticker: null
cik: "0001396033"
company_name: "LL Flooring Holdings, Inc."
filed_at: "2024-08-15T23:59:59+00:00"
generated_at: "2026-05-31T08:59:14.413637+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# LL Flooring enters $130M debtor-in-possession credit facility after Chapter 11 filing

## Summary
- Company filed Chapter 11 on Aug 11, 2024; court approved DIP ABL credit facility on Aug 14.
- DIP facility up to $130M, matures Oct 18, 2024; Agent is Bank of America.
- Prepetition lenders were owed ~$99.1M in principal plus $10.6M in L/Cs.
- Company warns equity holders likely receive little or no recovery.
- Credit agreement includes milestones and minimum liquidity covenant of $30M.

## SEC filing metadata
- accession: 0001193125-24-201357
- form_type: 8-K/A
- cik: 0001396033
- company_name: LL Flooring Holdings, Inc.
- filed_at: 2024-08-15T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.03, 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1396033/000119312524201357/0001193125-24-201357-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1396033/000119312524201357/d72547d8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-201357
- JSON: https://secwatch.observer/filing/0001193125-24-201357.json
- Plain text: https://secwatch.observer/filing/0001193125-24-201357.txt

## Key facts
- Distress & Bankruptcy
  LL Flooring Holdings, Inc. entered chapter 11 in United States Bankruptcy Court for the District of Delaware (petition 2024-08-11).
  - Proceeding: chapter 11
  - Court: United States Bankruptcy Court for the District of Delaware
  - Petition: 2024-08-11
  source text: on August 11, 2024, the Company, together with certain of its direct and indirect subsidiaries (collectively, the “ Debtors ”), filed voluntary petitions for relief under chapter 11 of title 11 of the United States Code (the “ Bankruptcy Code ”) in the United States Bankruptcy Court for the District of Delaware (the “ Bankruptcy Court ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1396033/000119312524201357/0001193125-24-201357-index.htm

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