{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-215572","form_type":"8-K","ticker":null,"cik":"0001391127","company_name":"Edgio, Inc.","filed_at":"2024-09-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:12.878356+00:00","generated_at":"2026-05-31T05:52:18.303061+00:00","sec_items":["1.01","1.03","2.03","2.04","7.01","9.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.95,"calibrated_materiality_score":0.95,"confidence":"high","headline":"Edgio files Chapter 11, stalking horse APA with Lynrock for $110M credit bid","bullets":["Asset Purchase Agreement with Lynrock affiliate for $110M credit bid; Lynrock is stalking horse bidder.","DIP financing of $15.6M from Lynrock approved to fund operations during Chapter 11.","Automatic acceleration of ~$94.4M (Credit Agreement), $141M (Indenture), $9.2M (Priority Credit Agreement).","Sale process expected to complete in about 80 days; common stock likely delisted and may have no recovery.","Company expects holders of common stock will experience complete or significant loss on investment."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-215572","json":"https://secwatch.observer/filing/0001193125-24-215572.json","markdown":"https://secwatch.observer/filing/0001193125-24-215572.md","text":"https://secwatch.observer/filing/0001193125-24-215572.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1391127/000119312524215572/0001193125-24-215572-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1391127/000119312524215572/d795614d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T05:52:18.303061+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":"cc58f4ccf317880fb9f8df9f13ccaaad55441c1e","claim":"Edgio, Inc. entered chapter 11 in U.S. Bankruptcy Court for the District of Delaware (petition 2024-09-09).","evidence_excerpt":"On September 9, 2024 (the “ Petition Date ”), Edgio, Inc. (the “ Company ”) and certain of its direct and indirect subsidiaries (collectively, the “ Company Parties ”) filed voluntary petitions (the “ Chapter 11 Cases ”) under Chapter 11 of the U.S. Bankruptcy Code (the “ Bankruptcy Code ”) in the U.S. Bankruptcy Court for the District of Delaware (the “ Bankruptcy Court ”).","evidence_source":"SEC 8-K Item 1.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1391127/000119312524215572/0001193125-24-215572-index.htm","confidence":0.9,"family_label":"Distress & Bankruptcy","details":[{"label":"Proceeding","value":"chapter 11"},{"label":"Court","value":"U.S. Bankruptcy Court for the District of Delaware"},{"label":"Petition","value":"2024-09-09"}],"fact_type":"distress_event"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}