secwatch.observer — SEC 8-K summary
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Issuer:     Orbital Infrastructure Group, Inc. (—)
CIK:        0001108967
Form:       8-K
Filed at:   2023-12-07T23:59:59+00:00
Accession:  0001437749-23-033805
Event type: other_material
Sentiment:  negative
Materiality: 1.00
Item codes: 1.03, 3.03, 4.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1108967/000143774923033805/0001437749-23-033805-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1108967/000143774923033805/oeg20231130_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-033805

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