{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-211238","form_type":"8-K","ticker":null,"cik":"0000814549","company_name":"EBIX INC","filed_at":"2024-08-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.963929+00:00","generated_at":"2026-05-31T06:54:22.231730+00:00","sec_items":["1.01","1.02","1.03","3.02","3.03","5.01","5.02","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Ebix exits Chapter 11; common stock cancelled, new equity issued to Plan Sponsor","bullets":["Existing common stock cancelled without consideration; 30.9M shares worthless.","Plan Sponsor (Eraaya Lifespaces, Vikas Lifecare, Vitasta Software) receives 100% of reorganized equity.","Board reconstituted: Robin Raina (CEO) and Dr. Vikas K. Garg; CFO Amit Kumar Garg resigned.","Company will file Form 15 to deregister and cease SEC reporting; OTC Pink listing to end.","Litigation Trust established with Broadbent Advisors; GUC Recovery Pool for General Unsecured Claims."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-211238","json":"https://secwatch.observer/filing/0001193125-24-211238.json","markdown":"https://secwatch.observer/filing/0001193125-24-211238.md","text":"https://secwatch.observer/filing/0001193125-24-211238.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/814549/000119312524211238/0001193125-24-211238-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/814549/000119312524211238/d835884d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T06:54:22.231730+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":"7d715e89e5834d39d342539b0b2c80a463e06426","claim":"EBIX INC entered chapter 11.","evidence_excerpt":"On the Effective Date, the Plan became effective pursuant to its terms and the Debtors filed a Notice of Occurrence of Effective Date (the “ Effective Date Notice ”) with the Bankruptcy Court.","evidence_source":"SEC 8-K Item 1.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/814549/000119312524211238/0001193125-24-211238-index.htm","confidence":0.9,"family_label":"Distress & Bankruptcy","details":[{"label":"Proceeding","value":"chapter 11"}],"fact_type":"distress_event"},{"claim_id":"24a3c4fa9e","claim":"Rolf Herter departed as Director at EBIX INC.","evidence_excerpt":"Robin Raina, Hans U. Benz, Rolf Herter, Neil D. Eckert, Pavan Bhalla, Hans U. Keller, George W. Hebard III, Priyanka Kaul, Elizabeth A. LaPuma, and Jill M. Krueger ceased to be directors of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/814549/000119312524211238/0001193125-24-211238-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"ceased"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"4f8c3b828f","claim":"Neil D. Eckert departed as Director at EBIX INC.","evidence_excerpt":"Robin Raina, Hans U. Benz, Rolf Herter, Neil D. Eckert, Pavan Bhalla, Hans U. Keller, George W. Hebard III, Priyanka Kaul, Elizabeth A. LaPuma, and Jill M. Krueger ceased to be directors of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/814549/000119312524211238/0001193125-24-211238-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"ceased"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"6afd2e0b41","claim":"Pavan Bhalla departed as Director at EBIX INC.","evidence_excerpt":"Robin Raina, Hans U. Benz, Rolf Herter, Neil D. Eckert, Pavan Bhalla, Hans U. Keller, George W. Hebard III, Priyanka Kaul, Elizabeth A. LaPuma, and Jill M. Krueger ceased to be directors of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/814549/000119312524211238/0001193125-24-211238-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"ceased"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"807a3e7658","claim":"Robin Raina departed as Director at EBIX INC.","evidence_excerpt":"Robin Raina, Hans U. Benz, Rolf Herter, Neil D. Eckert, Pavan Bhalla, Hans U. Keller, George W. Hebard III, Priyanka Kaul, Elizabeth A. LaPuma, and Jill M. Krueger ceased to be directors of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/814549/000119312524211238/0001193125-24-211238-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"ceased"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"875532f35a","claim":"Robin Raina was appointed as Director at EBIX INC.","evidence_excerpt":"the board of directors of the Company (the “ Board ”) consists of the following two directors: Robin Raina and Dr. Vikas K. Garg.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/814549/000119312524211238/0001193125-24-211238-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"9d6732b760","claim":"Amit Kumar Garg resigned as Chief Financial Officer at EBIX INC.","evidence_excerpt":"In addition, Amit Kumar Garg resigned as Chief Financial Officer of the Company as of the Effective Date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/814549/000119312524211238/0001193125-24-211238-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"c3c382eae1","claim":"Elizabeth A. LaPuma departed as Director at EBIX INC.","evidence_excerpt":"Robin Raina, Hans U. Benz, Rolf Herter, Neil D. Eckert, Pavan Bhalla, Hans U. Keller, George W. Hebard III, Priyanka Kaul, Elizabeth A. LaPuma, and Jill M. Krueger ceased to be directors of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/814549/000119312524211238/0001193125-24-211238-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"ceased"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"ddbcb8b979","claim":"Jill M. Krueger departed as Director at EBIX INC.","evidence_excerpt":"Robin Raina, Hans U. Benz, Rolf Herter, Neil D. Eckert, Pavan Bhalla, Hans U. Keller, George W. Hebard III, Priyanka Kaul, Elizabeth A. LaPuma, and Jill M. Krueger ceased to be directors of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/814549/000119312524211238/0001193125-24-211238-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"ceased"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"e3f6cb9a67","claim":"Hans U. Keller departed as Director at EBIX INC.","evidence_excerpt":"Robin Raina, Hans U. Benz, Rolf Herter, Neil D. Eckert, Pavan Bhalla, Hans U. Keller, George W. Hebard III, Priyanka Kaul, Elizabeth A. LaPuma, and Jill M. Krueger ceased to be directors of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/814549/000119312524211238/0001193125-24-211238-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"ceased"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"e63d6b824d","claim":"Priyanka Kaul departed as Director at EBIX INC.","evidence_excerpt":"Robin Raina, Hans U. Benz, Rolf Herter, Neil D. Eckert, Pavan Bhalla, Hans U. Keller, George W. Hebard III, Priyanka Kaul, Elizabeth A. LaPuma, and Jill M. Krueger ceased to be directors of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/814549/000119312524211238/0001193125-24-211238-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"ceased"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"f786849b89","claim":"Dr. Vikas K. Garg was appointed as Director at EBIX INC.","evidence_excerpt":"the board of directors of the Company (the “ Board ”) consists of the following two directors: Robin Raina and Dr. Vikas K. Garg.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/814549/000119312524211238/0001193125-24-211238-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"f812c51128","claim":"George W. Hebard III departed as Director at EBIX INC.","evidence_excerpt":"Robin Raina, Hans U. Benz, Rolf Herter, Neil D. Eckert, Pavan Bhalla, Hans U. Keller, George W. Hebard III, Priyanka Kaul, Elizabeth A. LaPuma, and Jill M. Krueger ceased to be directors of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/814549/000119312524211238/0001193125-24-211238-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"ceased"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"ff42af8158","claim":"Hans U. Benz departed as Director at EBIX INC.","evidence_excerpt":"Robin Raina, Hans U. Benz, Rolf Herter, Neil D. Eckert, Pavan Bhalla, Hans U. Keller, George W. Hebard III, Priyanka Kaul, Elizabeth A. LaPuma, and Jill M. 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