---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-038831"
form_type: "8-K"
ticker: null
cik: "0001220754"
company_name: "ModivCare Inc"
filed_at: "2025-12-29T23:59:59+00:00"
generated_at: "2026-05-16T12:04:29.003339+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# ModivCare emerges from Chapter 11; reduces funded debt by $1.1B (85%) and adds $100M new capital

## Summary
- Funded debt reduced by ~$1.1B (over 85%); $100M new capital added via exit term loan facility.
- All existing common equity cancelled for no consideration; company emerges as privately-owned.
- Prepetition credit facilities and DIP facility terminated; new $400M exit term loan facilities entered.
- Scott Kern remains sole officer and appointed to board; all prior officers and directors resigned.
- Company intends to terminate SEC registration and continue as a private company.

## SEC filing metadata
- accession: 0001437749-25-038831
- form_type: 8-K
- cik: 0001220754
- company_name: ModivCare Inc
- filed_at: 2025-12-29T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.95
- confidence: high
- sec_items: 1.01, 1.02, 1.03, 2.01, 3.03, 5.01, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1220754/000143774925038831/0001437749-25-038831-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1220754/000143774925038831/modv20251226_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-038831
- JSON: https://secwatch.observer/filing/0001437749-25-038831.json
- Plain text: https://secwatch.observer/filing/0001437749-25-038831.txt

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