secwatch.observer — SEC 8-K summary
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Issuer:     Nine Energy Service, Inc. (NINE)
CIK:        0001532286
Form:       8-K
Filed at:   2026-02-06T23:59:59+00:00
Accession:  0001213900-26-012975
Event type: other_material
Sentiment:  negative
Materiality: 0.95
Item codes: 1.01, 1.03, 2.03, 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nine Energy files Chapter 11, enters $125M DIP facility; NYSE delists stock
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- Filed Chapter 11 on Feb 1, 2026; NYSE delisted common stock on Feb 5, 2026 after company chose not to appeal.
- Entered $125M DIP ABL facility on Feb 3, 2026 with White Oak agent and lenders; interim approval by Bankruptcy Court.
- DIP facility may convert to $135M exit ABL facility upon plan effectiveness; prepackaged Plan under Restructuring Support Agreement.
- Prepetition ABL lenders owed ~$66.85M principal and ~$1.66M in letters of credit as of Petition Date.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1532286/000121390026012975/0001213900-26-012975-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1532286/000121390026012975/ea0275482-8k_nineenergy.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-012975

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