secwatch / observer
8-K filed December 7, 2023, 6:59 PM ET CIK 0001108967
other material confidence high sentiment negative materiality 1.00

Orbital Infrastructure Group, Inc.: auditor change — Orbital Infrastructure Group Chapter 11 plan confirmed; equity cancelled, no recovery; company to deregister

Orbital Infrastructure Group, Inc.

item 1.03item 3.03item 4.01item 5.02item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

James F. O'Neil III

Chief Executive Officer
Orbital Infrastructure Group, Inc.
Effective
2023-12-06
Filed
December 7, 2023, 6:59 PM ET
The Confirmed Plan provides that on the Effective Date, all directors, managers, members, officers and employees of the Company will be deemed to have resigned without any further action. Each of the Company’s directors, William J. Clough, James F. O’Neil III, C. Stephen Cochennet, Corey A. Lambrecht, Sarah Tucker, Paul T. Addison, Jerry Sue Thornton and La Forrest V. Williams, and the Company’s remaining officers, including William J. Clough, General Counsel, James F. O’Neil III, Chief Executive Officer and Nick Grindstaff, Chief Financial Officer, ceased to be directors and officers of the Company, as applicable, on the Effective Date.
Departed

Corey A. Lambrecht

Director
Orbital Infrastructure Group, Inc.
Effective
2023-12-06
Filed
December 7, 2023, 6:59 PM ET
The Confirmed Plan provides that on the Effective Date, all directors, managers, members, officers and employees of the Company will be deemed to have resigned without any further action. Each of the Company’s directors, William J. Clough, James F. O’Neil III, C. Stephen Cochennet, Corey A. Lambrecht, Sarah Tucker, Paul T. Addison, Jerry Sue Thornton and La Forrest V. Williams, and the Company’s remaining officers, including William J. Clough, General Counsel, James F. O’Neil III, Chief Executive Officer and Nick Grindstaff, Chief Financial Officer, ceased to be directors and officers of the Company, as applicable, on the Effective Date.
Departed

Nick Grindstaff

Chief Financial Officer
Orbital Infrastructure Group, Inc.
Effective
2023-12-06
Filed
December 7, 2023, 6:59 PM ET
The Confirmed Plan provides that on the Effective Date, all directors, managers, members, officers and employees of the Company will be deemed to have resigned without any further action. Each of the Company’s directors, William J. Clough, James F. O’Neil III, C. Stephen Cochennet, Corey A. Lambrecht, Sarah Tucker, Paul T. Addison, Jerry Sue Thornton and La Forrest V. Williams, and the Company’s remaining officers, including William J. Clough, General Counsel, James F. O’Neil III, Chief Executive Officer and Nick Grindstaff, Chief Financial Officer, ceased to be directors and officers of the Company, as applicable, on the Effective Date.
Departed

Paul T. Addison

Director
Orbital Infrastructure Group, Inc.
Effective
2023-12-06
Filed
December 7, 2023, 6:59 PM ET
The Confirmed Plan provides that on the Effective Date, all directors, managers, members, officers and employees of the Company will be deemed to have resigned without any further action. Each of the Company’s directors, William J. Clough, James F. O’Neil III, C. Stephen Cochennet, Corey A. Lambrecht, Sarah Tucker, Paul T. Addison, Jerry Sue Thornton and La Forrest V. Williams, and the Company’s remaining officers, including William J. Clough, General Counsel, James F. O’Neil III, Chief Executive Officer and Nick Grindstaff, Chief Financial Officer, ceased to be directors and officers of the Company, as applicable, on the Effective Date.
Departed

La Forrest V. Williams

Director
Orbital Infrastructure Group, Inc.
Effective
2023-12-06
Filed
December 7, 2023, 6:59 PM ET
The Confirmed Plan provides that on the Effective Date, all directors, managers, members, officers and employees of the Company will be deemed to have resigned without any further action. Each of the Company’s directors, William J. Clough, James F. O’Neil III, C. Stephen Cochennet, Corey A. Lambrecht, Sarah Tucker, Paul T. Addison, Jerry Sue Thornton and La Forrest V. Williams, and the Company’s remaining officers, including William J. Clough, General Counsel, James F. O’Neil III, Chief Executive Officer and Nick Grindstaff, Chief Financial Officer, ceased to be directors and officers of the Company, as applicable, on the Effective Date.
Departed

William J. Clough

General Counsel
Orbital Infrastructure Group, Inc.
Effective
2023-12-06
Filed
December 7, 2023, 6:59 PM ET
The Confirmed Plan provides that on the Effective Date, all directors, managers, members, officers and employees of the Company will be deemed to have resigned without any further action. Each of the Company’s directors, William J. Clough, James F. O’Neil III, C. Stephen Cochennet, Corey A. Lambrecht, Sarah Tucker, Paul T. Addison, Jerry Sue Thornton and La Forrest V. Williams, and the Company’s remaining officers, including William J. Clough, General Counsel, James F. O’Neil III, Chief Executive Officer and Nick Grindstaff, Chief Financial Officer, ceased to be directors and officers of the Company, as applicable, on the Effective Date.
Departed

C. Stephen Cochennet

Director
Orbital Infrastructure Group, Inc.
Effective
2023-12-06
Filed
December 7, 2023, 6:59 PM ET
The Confirmed Plan provides that on the Effective Date, all directors, managers, members, officers and employees of the Company will be deemed to have resigned without any further action. Each of the Company’s directors, William J. Clough, James F. O’Neil III, C. Stephen Cochennet, Corey A. Lambrecht, Sarah Tucker, Paul T. Addison, Jerry Sue Thornton and La Forrest V. Williams, and the Company’s remaining officers, including William J. Clough, General Counsel, James F. O’Neil III, Chief Executive Officer and Nick Grindstaff, Chief Financial Officer, ceased to be directors and officers of the Company, as applicable, on the Effective Date.
Departed

Sarah Tucker

Director
Orbital Infrastructure Group, Inc.
Effective
2023-12-06
Filed
December 7, 2023, 6:59 PM ET
The Confirmed Plan provides that on the Effective Date, all directors, managers, members, officers and employees of the Company will be deemed to have resigned without any further action. Each of the Company’s directors, William J. Clough, James F. O’Neil III, C. Stephen Cochennet, Corey A. Lambrecht, Sarah Tucker, Paul T. Addison, Jerry Sue Thornton and La Forrest V. Williams, and the Company’s remaining officers, including William J. Clough, General Counsel, James F. O’Neil III, Chief Executive Officer and Nick Grindstaff, Chief Financial Officer, ceased to be directors and officers of the Company, as applicable, on the Effective Date.
Departed

Jerry Sue Thornton

Director
Orbital Infrastructure Group, Inc.
Effective
2023-12-06
Filed
December 7, 2023, 6:59 PM ET
The Confirmed Plan provides that on the Effective Date, all directors, managers, members, officers and employees of the Company will be deemed to have resigned without any further action. Each of the Company’s directors, William J. Clough, James F. O’Neil III, C. Stephen Cochennet, Corey A. Lambrecht, Sarah Tucker, Paul T. Addison, Jerry Sue Thornton and La Forrest V. Williams, and the Company’s remaining officers, including William J. Clough, General Counsel, James F. O’Neil III, Chief Executive Officer and Nick Grindstaff, Chief Financial Officer, ceased to be directors and officers of the Company, as applicable, on the Effective Date.

Key facts

Extracted from this filing and checked against the source text.

Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.9

Orbital Infrastructure Group, Inc. dismissed PricewaterhouseCoopers as its auditor.

Action
dismissal
Auditor
PricewaterhouseCoopers
Exact text from the filing
As of December 1, 2023, PricewaterhouseCoopers ("PwC") was dismissed as the Company’s independent registered accounting firm and will no longer provide audit services to the Company and its subsidiaries.
View on SEC.gov
Distress & Bankruptcy SEC 8-K Item 1.03 confidence 0.9

Orbital Infrastructure Group, Inc. entered chapter 11 in U.S. Bankruptcy Court for the Southern District of Texas, Houston Division.

Proceeding
chapter 11
Court
U.S. Bankruptcy Court for the Southern District of Texas, Houston Division
Exact text from the filing
Parties”) filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas, Houston Division (the “Bankruptcy Court”).
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

James F. O'Neil III resigned as Chief Executive Officer at Orbital Infrastructure Group, Inc..

Action
resigned
Role
Chief Executive Officer
Exact text from the filing
The Confirmed Plan provides that on the Effective Date, all directors, managers, members, officers and employees of the Company will be deemed to have resigned without any further action. Each of the Company’s directors, William J. Clough, James F. O’Neil III, C. Stephen Cochennet, Corey A. Lambrecht, Sarah Tucker, Paul T. Addison, Jerry Sue Thornton and La Forrest V. Williams, and the Company’s remaining officers, including William J. Clough, General Counsel, James F. O’Neil III, Chief Executive Officer and Nick Grindstaff, Chief Financial Officer, ceased to be directors and officers of the Company, as applicable, on the Effective Date.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Corey A. Lambrecht resigned as Director at Orbital Infrastructure Group, Inc..

Action
resigned
Role
Director
Exact text from the filing
The Confirmed Plan provides that on the Effective Date, all directors, managers, members, officers and employees of the Company will be deemed to have resigned without any further action. Each of the Company’s directors, William J. Clough, James F. O’Neil III, C. Stephen Cochennet, Corey A. Lambrecht, Sarah Tucker, Paul T. Addison, Jerry Sue Thornton and La Forrest V. Williams, and the Company’s remaining officers, including William J. Clough, General Counsel, James F. O’Neil III, Chief Executive Officer and Nick Grindstaff, Chief Financial Officer, ceased to be directors and officers of the Company, as applicable, on the Effective Date.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Nick Grindstaff resigned as Chief Financial Officer at Orbital Infrastructure Group, Inc..

Action
resigned
Role
Chief Financial Officer
Exact text from the filing
The Confirmed Plan provides that on the Effective Date, all directors, managers, members, officers and employees of the Company will be deemed to have resigned without any further action. Each of the Company’s directors, William J. Clough, James F. O’Neil III, C. Stephen Cochennet, Corey A. Lambrecht, Sarah Tucker, Paul T. Addison, Jerry Sue Thornton and La Forrest V. Williams, and the Company’s remaining officers, including William J. Clough, General Counsel, James F. O’Neil III, Chief Executive Officer and Nick Grindstaff, Chief Financial Officer, ceased to be directors and officers of the Company, as applicable, on the Effective Date.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Paul T. Addison resigned as Director at Orbital Infrastructure Group, Inc..

Action
resigned
Role
Director
Exact text from the filing
The Confirmed Plan provides that on the Effective Date, all directors, managers, members, officers and employees of the Company will be deemed to have resigned without any further action. Each of the Company’s directors, William J. Clough, James F. O’Neil III, C. Stephen Cochennet, Corey A. Lambrecht, Sarah Tucker, Paul T. Addison, Jerry Sue Thornton and La Forrest V. Williams, and the Company’s remaining officers, including William J. Clough, General Counsel, James F. O’Neil III, Chief Executive Officer and Nick Grindstaff, Chief Financial Officer, ceased to be directors and officers of the Company, as applicable, on the Effective Date.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

La Forrest V. Williams resigned as Director at Orbital Infrastructure Group, Inc..

Action
resigned
Role
Director
Exact text from the filing
The Confirmed Plan provides that on the Effective Date, all directors, managers, members, officers and employees of the Company will be deemed to have resigned without any further action. Each of the Company’s directors, William J. Clough, James F. O’Neil III, C. Stephen Cochennet, Corey A. Lambrecht, Sarah Tucker, Paul T. Addison, Jerry Sue Thornton and La Forrest V. Williams, and the Company’s remaining officers, including William J. Clough, General Counsel, James F. O’Neil III, Chief Executive Officer and Nick Grindstaff, Chief Financial Officer, ceased to be directors and officers of the Company, as applicable, on the Effective Date.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

William J. Clough resigned as General Counsel at Orbital Infrastructure Group, Inc..

Action
resigned
Role
General Counsel
Exact text from the filing
The Confirmed Plan provides that on the Effective Date, all directors, managers, members, officers and employees of the Company will be deemed to have resigned without any further action. Each of the Company’s directors, William J. Clough, James F. O’Neil III, C. Stephen Cochennet, Corey A. Lambrecht, Sarah Tucker, Paul T. Addison, Jerry Sue Thornton and La Forrest V. Williams, and the Company’s remaining officers, including William J. Clough, General Counsel, James F. O’Neil III, Chief Executive Officer and Nick Grindstaff, Chief Financial Officer, ceased to be directors and officers of the Company, as applicable, on the Effective Date.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

C. Stephen Cochennet resigned as Director at Orbital Infrastructure Group, Inc..

Action
resigned
Role
Director
Exact text from the filing
The Confirmed Plan provides that on the Effective Date, all directors, managers, members, officers and employees of the Company will be deemed to have resigned without any further action. Each of the Company’s directors, William J. Clough, James F. O’Neil III, C. Stephen Cochennet, Corey A. Lambrecht, Sarah Tucker, Paul T. Addison, Jerry Sue Thornton and La Forrest V. Williams, and the Company’s remaining officers, including William J. Clough, General Counsel, James F. O’Neil III, Chief Executive Officer and Nick Grindstaff, Chief Financial Officer, ceased to be directors and officers of the Company, as applicable, on the Effective Date.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Sarah Tucker resigned as Director at Orbital Infrastructure Group, Inc..

Action
resigned
Role
Director
Exact text from the filing
The Confirmed Plan provides that on the Effective Date, all directors, managers, members, officers and employees of the Company will be deemed to have resigned without any further action. Each of the Company’s directors, William J. Clough, James F. O’Neil III, C. Stephen Cochennet, Corey A. Lambrecht, Sarah Tucker, Paul T. Addison, Jerry Sue Thornton and La Forrest V. Williams, and the Company’s remaining officers, including William J. Clough, General Counsel, James F. O’Neil III, Chief Executive Officer and Nick Grindstaff, Chief Financial Officer, ceased to be directors and officers of the Company, as applicable, on the Effective Date.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Jerry Sue Thornton resigned as Director at Orbital Infrastructure Group, Inc..

Action
resigned
Role
Director
Exact text from the filing
The Confirmed Plan provides that on the Effective Date, all directors, managers, members, officers and employees of the Company will be deemed to have resigned without any further action. Each of the Company’s directors, William J. Clough, James F. O’Neil III, C. Stephen Cochennet, Corey A. Lambrecht, Sarah Tucker, Paul T. Addison, Jerry Sue Thornton and La Forrest V. Williams, and the Company’s remaining officers, including William J. Clough, General Counsel, James F. O’Neil III, Chief Executive Officer and Nick Grindstaff, Chief Financial Officer, ceased to be directors and officers of the Company, as applicable, on the Effective Date.
View on SEC.gov

10 auditor changes filed in the last 30 days. Browse all auditor changes →

Source: SEC EDGAR
accession 0001437749-23-033805
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