---
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"
generated_at: "2026-06-06T07:46:53.286521+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Sunworks files Chapter 7 bankruptcy, ceases operations, liquidates all assets

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-24-004968
- form_type: 8-K
- cik: 0001172631
- company_name: Sunworks, Inc.
- filed_at: 2024-02-06T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.03, 5.02
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-004968
- JSON: https://secwatch.observer/filing/0001493152-24-004968.json
- Plain text: https://secwatch.observer/filing/0001493152-24-004968.txt

## Key facts
- Distress & Bankruptcy
  Sunworks, Inc. entered chapter 7 in United States Bankruptcy Court for the District of Delaware (petition 2024-02-05).
  - Proceeding: chapter 7
  - Court: United States Bankruptcy Court for the District of Delaware
  - Petition: 2024-02-05
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1172631/000149315224004968/0001493152-24-004968-index.htm
- Executive change
  Mark Trout resigned as Director at Sunworks, Inc..
  - Action: resigned
  - Role: Director
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1172631/000149315224004968/0001493152-24-004968-index.htm
- Executive change
  Rhone Resch resigned as Director at Sunworks, Inc..
  - Action: resigned
  - Role: Director
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1172631/000149315224004968/0001493152-24-004968-index.htm
- Executive change
  Patrick McCullough resigned as Director at Sunworks, Inc..
  - Action: resigned
  - Role: Director
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1172631/000149315224004968/0001493152-24-004968-index.htm
- Executive change
  Mark Trout resigned as Chief Executive Officer at Sunworks, Inc..
  - Action: resigned
  - Role: Chief Executive Officer
  source text: On February 5, 2024, Mark Trout, Chief Executive Officer tendered his resignation, effective on such date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1172631/000149315224004968/0001493152-24-004968-index.htm
- Executive change
  Stanley Speer resigned as Director at Sunworks, Inc..
  - Action: resigned
  - Role: Director
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1172631/000149315224004968/0001493152-24-004968-index.htm

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