---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-028986"
form_type: "8-K"
ticker: null
cik: "0001076682"
company_name: "POLARITYTE, INC."
filed_at: "2023-08-15T23:59:59+00:00"
generated_at: "2026-06-11T09:09:09.520565+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# PolarityTE completes sale of substantially all assets to Grander Acquisition for ~$6.5M in Chapter 11

## Summary
- Sale closed August 15, 2023; total consideration ~$6.5M less DIP financing outstanding.
- Bankruptcy Court approved the stalking horse asset purchase agreement on July 31, 2023.
- Company expects outstanding common stock to be cancelled; stockholders likely receive no proceeds.
- Equity may have little or no value; trading in common stock deemed highly speculative.

## SEC filing metadata
- accession: 0001493152-23-028986
- form_type: 8-K
- cik: 0001076682
- company_name: POLARITYTE, INC.
- filed_at: 2023-08-15T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1076682/000149315223028986/0001493152-23-028986-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1076682/000149315223028986/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-028986
- JSON: https://secwatch.observer/filing/0001493152-23-028986.json
- Plain text: https://secwatch.observer/filing/0001493152-23-028986.txt

## Key facts
- M&A Transactions
  POLARITYTE, INC. completed a disposition involving Grander Acquisition LLC for approximately $6.5 million (closed 2023-08-15).
  - Action: disposition
  - Counterparty: Grander Acquisition LLC
  - Consideration: approximately $6.5 million
  - Closing: 2023-08-15
  source text: (“Grander Acquisition”), pursuant to which Grander Acquisition agreed to purchase substantially all of the assets of the Company, PTE Nevada, and PTE MD for approximately $6.5 million, less the amount of debtor-in-possession financing outstanding at closing, if any, subject to certain exceptions, and plus the assumption of assumed liabilities. The Asset
  evidence_url: https://www.sec.gov/Archives/edgar/data/1076682/000149315223028986/0001493152-23-028986-index.htm

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