{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-004968","form_type":"8-K","ticker":null,"cik":"0001172631","company_name":"Sunworks, Inc.","filed_at":"2024-02-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.555506+00:00","generated_at":"2026-06-06T07:46:53.286521+00:00","sec_items":["1.03","5.02"],"event_type":"other_material","sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"Sunworks files Chapter 7 bankruptcy, ceases operations, liquidates all assets","bullets":["Filed voluntary Chapter 7 petitions on Feb 5, 2024 in Delaware Bankruptcy Court (Case Nos. 24-10215 through 24-10218).","Company and three subsidiaries ceased operations; Chapter 7 trustee will liquidate assets and pay claims.","CEO Mark Trout resigned; entire board (Trout, McCullough, Resch, Speer) resigned effective Feb 5.","Company has no officers, directors, consultants, or employees as of Feb 5.","Board of directors eliminated; trustee assumes control."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-004968","json":"https://secwatch.observer/filing/0001493152-24-004968.json","markdown":"https://secwatch.observer/filing/0001493152-24-004968.md","text":"https://secwatch.observer/filing/0001493152-24-004968.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1172631/000149315224004968/0001493152-24-004968-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1172631/000149315224004968/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T07:46:53.286521+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"18527f509c0cad8be624224d0ec32aba68cd4b86","claim":"Sunworks, Inc. entered chapter 7 in United States Bankruptcy Court for the District of Delaware (petition 2024-02-05).","evidence_excerpt":"On February 5, 2024, after considering all strategic alternatives, Sunworks, Inc. (the “Company”) and three of its subsidiaries ceased operations and filed voluntary petitions for relief under the provisions of Chapter 7 of Title 11 of the United States Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”), Case Nos. 24-10215, 24-10216, 24-10217 and 24-10218.","evidence_source":"SEC 8-K Item 1.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1172631/000149315224004968/0001493152-24-004968-index.htm","confidence":0.9,"family_label":"Distress & Bankruptcy","details":[{"label":"Proceeding","value":"chapter 7"},{"label":"Court","value":"United States Bankruptcy Court for the District of Delaware"},{"label":"Petition","value":"2024-02-05"}],"fact_type":"distress_event"},{"claim_id":"4cdd1a6719","claim":"Mark Trout resigned as Director at Sunworks, Inc..","evidence_excerpt":"On February 5, 2024, directors Mark Trout, Patrick McCullough, Rhone Resch and Stanley Speer resigned as members of the Company’s Board of Directors.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1172631/000149315224004968/0001493152-24-004968-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"8ee1118585","claim":"Rhone Resch resigned as Director at Sunworks, Inc..","evidence_excerpt":"On February 5, 2024, directors Mark Trout, Patrick McCullough, Rhone Resch and Stanley Speer resigned as members of the Company’s Board of Directors.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1172631/000149315224004968/0001493152-24-004968-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"8f48757996","claim":"Patrick McCullough resigned as Director at Sunworks, Inc..","evidence_excerpt":"On February 5, 2024, directors Mark Trout, Patrick McCullough, Rhone Resch and Stanley Speer resigned as members of the Company’s Board of Directors.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1172631/000149315224004968/0001493152-24-004968-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"e8e8acf5da","claim":"Mark Trout resigned as Chief Executive Officer at Sunworks, Inc..","evidence_excerpt":"On February 5, 2024, Mark Trout, Chief Executive Officer tendered his resignation, effective on such date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1172631/000149315224004968/0001493152-24-004968-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"f48d629732","claim":"Stanley Speer resigned as Director at Sunworks, Inc..","evidence_excerpt":"On February 5, 2024, directors Mark Trout, Patrick McCullough, Rhone Resch and Stanley Speer resigned as members of the Company’s Board of Directors.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1172631/000149315224004968/0001493152-24-004968-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}