---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-109364"
form_type: "8-K"
ticker: null
cik: "0001584754"
company_name: "ATECH (PARENT) RESOLUTION CORP."
filed_at: "2024-12-16T23:59:59+00:00"
generated_at: "2026-05-29T02:56:52.221634+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Akoustis files Chapter 11 after $58M Qorvo judgement; stalking horse asset sale for $10M

## Summary
- Filed Chapter 11 in Delaware on Dec 16, 2024; expects no recovery for common equity holders.
- Stalking horse agreement with Gordon Brothers for $10M to purchase certain assets; subject to higher bids.
- Filing triggered by $58M final judgement to Qorvo for trade secret misappropriation and patent infringement.
- $44M in 6% convertible notes due 2027 accelerated; all debt obligations automatically stayed.
- Annual meeting cancelled; Company to continue operations during sale process.

## SEC filing metadata
- accession: 0001213900-24-109364
- form_type: 8-K
- cik: 0001584754
- company_name: ATECH (PARENT) RESOLUTION CORP.
- filed_at: 2024-12-16T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.01, 1.03, 2.04, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1584754/000121390024109364/0001213900-24-109364-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1584754/000121390024109364/ea0224859-8k_akoustis.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-109364
- JSON: https://secwatch.observer/filing/0001213900-24-109364.json
- Plain text: https://secwatch.observer/filing/0001213900-24-109364.txt

## Key facts
- Distress & Bankruptcy
  ATECH (PARENT) RESOLUTION CORP. entered chapter 11 in United States Bankruptcy Court for the District of Delaware (petition 2024-12-16).
  - Proceeding: chapter 11
  - Court: United States Bankruptcy Court for the District of Delaware
  - Petition: 2024-12-16
  source text: On December 16, 2024 (the “ Petition Date ”), Akoustis Technologies, Inc. (the “ Company ”) and certain of its subsidiaries (such subsidiaries, together with the Company, the “ Debtors ”) each filed a voluntary petition for relief (collectively, the “ Bankruptcy Petitions ”) under chapter 11 of the United States Bankruptcy Code (the “ Bankruptcy Code ”) with the United States Bankruptcy Court for the District of Delaware (such court, the “ Court ” and such chapter 11 cases, the “ Cases ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1584754/000121390024109364/0001213900-24-109364-index.htm

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