secwatch.observer — SEC 8-K summary
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Issuer:     Nine Energy Service, Inc. (NINE)
CIK:        0001532286
Form:       8-K
Filed at:   2026-03-23T23:59:59+00:00
Accession:  0001213900-26-032923
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nine Energy emerges from Chapter 11; reports Feb net loss of $49M and negative equity of $382M
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- Plan confirmed on March 4, 2026 and effective on March 5, 2026; company emerged as reorganized debtor.
- Cash balance rose to $21.1M from $8.1M in February; total receipts $26.9M, disbursements $13.9M.
- Total assets $34.5M vs total liabilities $416.3M, negative equity of $381.8M.
- Prepetition secured debt $319.5M; postpetition payables $88.4M; net loss $49.2M for February.
- Employee count 1,066 as of Feb 28, up from 1,062 at petition date (Feb 1, 2026).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1532286/000121390026032923/0001213900-26-032923-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1532286/000121390026032923/ea0282737-8k_nine.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-032923

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