secwatch.observer — SEC 8-K summary
======================================

Issuer:     Tattooed Chef, Inc. (—)
CIK:        0001741231
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0001213900-24-036250
Event type: other_material
Sentiment:  negative
Materiality: 1.00
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tattooed Chef completes sale of all assets in bankruptcy, ceases operations
---------------------------------------------------------------------------

- Court approved sale of Karsten Real Property for $4.575M on Nov 15, 2023, finalizing asset disposition.
- Company has no operating assets, has ceased all operations; equity holders likely receive no recovery.
- Tattooed Chef brand and IP sold to Planted Ventures (owned by ex-CEO Salvatore Galletti) for $775,000.
- Winning bids at auction totaled over $13M in cash and credit from multiple buyers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1741231/000121390024036250/0001213900-24-036250-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1741231/000121390024036250/ea0204705-8k_tattooed.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-036250

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer