{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-211525","form_type":"8-K","ticker":null,"cik":"0001396033","company_name":"LL Flooring Holdings, Inc.","filed_at":"2024-09-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:12.899478+00:00","generated_at":"2026-05-31T06:35:46.727064+00:00","sec_items":["1.01","1.03","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"LL Flooring pivots to liquidation, sells distribution center for $104.75M in cash","bullets":["Unable to reach stalking horse agreement for going-concern sale; filed notice to pursue Liquidation Pivot on Aug 30, 2024.","Subsidiary entered Purchase Agreement to sell Sandston, VA distribution center for $104.75M cash to SNA NE, LLC.","Amended Agency Agreement with Hilco to liquidate inventory at all remaining stores.","Company warns equity holders will likely receive little or no recovery in Chapter 11; stock now trades OTC under LLFLQ."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-211525","json":"https://secwatch.observer/filing/0001193125-24-211525.json","markdown":"https://secwatch.observer/filing/0001193125-24-211525.md","text":"https://secwatch.observer/filing/0001193125-24-211525.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1396033/000119312524211525/0001193125-24-211525-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1396033/000119312524211525/d882665d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T06:35:46.727064+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":"e0755f788078d741d932210fcd6ac0bb06ae4182","claim":"LL Flooring Holdings, Inc. entered chapter 11 in United States Bankruptcy Court for the District of Delaware (petition 2024-08-11).","evidence_excerpt":"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 in the United States Bankruptcy Court for the District of Delaware","evidence_source":"SEC 8-K Item 1.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1396033/000119312524211525/0001193125-24-211525-index.htm","confidence":0.9,"family_label":"Distress & Bankruptcy","details":[{"label":"Proceeding","value":"chapter 11"},{"label":"Court","value":"United States Bankruptcy Court for the District of Delaware"},{"label":"Petition","value":"2024-08-11"}],"fact_type":"distress_event"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}