---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-006371"
form_type: "8-K"
ticker: null
cik: "0001172631"
company_name: "Sunworks, Inc."
filed_at: "2024-02-14T23:59:59+00:00"
generated_at: "2026-06-06T02:04:04.819557+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; Nasdaq to delist stock on Feb 15

## Summary
- Company and three subsidiaries filed voluntary petitions for Chapter 7 bankruptcy on February 6, 2024.
- Jeoffrey Burtch appointed as Chapter 7 trustee to oversee liquidation.
- Nasdaq notified delisting; trading of common stock suspended no later than February 15, 2024.
- Company also failed to maintain Nasdaq minimum bid price of $1.00 per share.

## SEC filing metadata
- accession: 0001493152-24-006371
- form_type: 8-K
- cik: 0001172631
- company_name: Sunworks, Inc.
- filed_at: 2024-02-14T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.03, 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1172631/000149315224006371/0001493152-24-006371-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1172631/000149315224006371/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-006371
- JSON: https://secwatch.observer/filing/0001493152-24-006371.json
- Plain text: https://secwatch.observer/filing/0001493152-24-006371.txt

## Key facts
- Distress & Bankruptcy
  Sunworks, Inc. entered chapter 7.
  - Proceeding: chapter 7
  source text: 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 Filing”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1172631/000149315224006371/0001493152-24-006371-index.htm
- Listing & Compliance Notices
  Sunworks, Inc. received a nasdaq delisting notice notice regarding other (rules 5110(b)).
  - Exchange: nasdaq
  - Notice: delisting notice
  - Rules: 5110(b)
  source text: February 6, 2024, as a result of the Bankruptcy Filing, the Company received a written notice from The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that the Company’s common stock will be delisted from The Nasdaq Stock Market. Accordingly, trading of the Company’s common stock will be suspended no later than the opening of business on February 15, 2024. Nasdaq Listing Rule 5110(b) states in part that “Nasdaq may use its discretionary authority under Rule 5100 to suspend or terminate the listing of a Company that has filed for protection under any provision of the federal bankruptcy
  evidence_url: https://www.sec.gov/Archives/edgar/data/1172631/000149315224006371/0001493152-24-006371-index.htm
- Listing & Compliance Notices
  Sunworks, Inc. received a nasdaq noncompliance notice notice regarding minimum bid price (rules 5550(a)(2)).
  - Exchange: nasdaq
  - Notice: noncompliance notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2)
  source text: February 6, 2024, as a result of the Bankruptcy Filing, the Company received a written notice from The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that the Company’s common stock will be delisted from The Nasdaq Stock Market. Accordingly, trading of the Company’s common stock will be suspended no later than the opening of business on February 15, 2024. Nasdaq Listing Rule 5110(b) states in part that “Nasdaq may use its discretionary authority under Rule 5100 to suspend or terminate the listing of a Company that has filed for protection under any provision of the federal bankruptcy
  evidence_url: https://www.sec.gov/Archives/edgar/data/1172631/000149315224006371/0001493152-24-006371-index.htm

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