secwatch.observer — SEC 8-K summary
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Issuer:     Charge Enterprises, Inc. (—)
CIK:        0001277250
Form:       8-K
Filed at:   2024-04-30T23:59:59+00:00
Accession:  0001437749-24-013906
Event type: other_material
Sentiment:  negative
Materiality: 1.00
Item codes: 1.03, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bankruptcy court confirms Charge Enterprises prepackaged plan; equity cancelled, delisting
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- On April 24, 2024, Bankruptcy Court confirmed prepackaged Chapter 11 plan; effective date expected May 3, 2024.
- Arena Investors receives 100% of new common stock; all existing common and preferred stock cancelled with no recovery.
- Upon effectiveness, all officers (CEO Craig Denson, CFO Leah Schweller, CLO Jim Biehl) and entire 8-member board resign.
- Company will cease to be publicly traded; new common stock not listed on any exchange.
- Monthly operating report as of March 31, 2024: total assets ~$115M, total liabilities ~$70M (unaudited).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1277250/000143774924013906/0001437749-24-013906-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1277250/000143774924013906/crge20240426_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-013906

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