---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-033805"
form_type: "8-K"
ticker: null
cik: "0001108967"
company_name: "Orbital Infrastructure Group, Inc."
filed_at: "2023-12-07T23:59:59+00:00"
generated_at: "2026-06-07T16:00:33.049914+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Orbital Infrastructure Group Chapter 11 plan confirmed; equity cancelled, no recovery; company to deregister

## Summary
- Bankruptcy court confirmed liquidation plan on Nov 28, 2023; effective Dec 6, 2023.
- All outstanding common stock cancelled without consideration; equity holders receive zero recovery.
- Board of directors and officers (William Clough, James O'Neil, etc.) resigned on Effective Date.
- Auditor PwC dismissed as of Dec 1, 2023; no disagreements reported.
- Company intends to file Form 15 to suspend SEC reporting and deregister common stock.

## SEC filing metadata
- accession: 0001437749-23-033805
- form_type: 8-K
- cik: 0001108967
- company_name: Orbital Infrastructure Group, Inc.
- filed_at: 2023-12-07T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.03, 3.03, 4.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1108967/000143774923033805/0001437749-23-033805-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1108967/000143774923033805/oeg20231130_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-033805
- JSON: https://secwatch.observer/filing/0001437749-23-033805.json
- Plain text: https://secwatch.observer/filing/0001437749-23-033805.txt

## Key facts
- Auditor Changes
  Orbital Infrastructure Group, Inc. dismissed PricewaterhouseCoopers as its auditor.
  - Action: dismissal
  - Auditor: PricewaterhouseCoopers
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1108967/000143774923033805/0001437749-23-033805-index.htm
- Distress & Bankruptcy
  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
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1108967/000143774923033805/0001437749-23-033805-index.htm
- Executive change
  James F. O'Neil III resigned as Chief Executive Officer at Orbital Infrastructure Group, Inc..
  - Action: resigned
  - Role: Chief Executive Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1108967/000143774923033805/0001437749-23-033805-index.htm
- Executive change
  Corey A. Lambrecht resigned as Director at Orbital Infrastructure Group, Inc..
  - Action: resigned
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1108967/000143774923033805/0001437749-23-033805-index.htm
- Executive change
  Nick Grindstaff resigned as Chief Financial Officer at Orbital Infrastructure Group, Inc..
  - Action: resigned
  - Role: Chief Financial Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1108967/000143774923033805/0001437749-23-033805-index.htm
- Executive change
  Paul T. Addison resigned as Director at Orbital Infrastructure Group, Inc..
  - Action: resigned
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1108967/000143774923033805/0001437749-23-033805-index.htm
- Executive change
  La Forrest V. Williams resigned as Director at Orbital Infrastructure Group, Inc..
  - Action: resigned
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1108967/000143774923033805/0001437749-23-033805-index.htm
- Executive change
  William J. Clough resigned as General Counsel at Orbital Infrastructure Group, Inc..
  - Action: resigned
  - Role: General Counsel
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1108967/000143774923033805/0001437749-23-033805-index.htm
- Executive change
  C. Stephen Cochennet resigned as Director at Orbital Infrastructure Group, Inc..
  - Action: resigned
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1108967/000143774923033805/0001437749-23-033805-index.htm
- Executive change
  Sarah Tucker resigned as Director at Orbital Infrastructure Group, Inc..
  - Action: resigned
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1108967/000143774923033805/0001437749-23-033805-index.htm
- Executive change
  Jerry Sue Thornton resigned as Director at Orbital Infrastructure Group, Inc..
  - Action: resigned
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1108967/000143774923033805/0001437749-23-033805-index.htm

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