secwatch.observer — SEC 8-K summary
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Issuer:     ISUN, INC. (—)
CIK:        0001634447
Form:       8-K
Filed at:   2024-06-07T23:59:59+00:00
Accession:  0001493152-24-023164
Event type: other_material
Sentiment:  negative
Materiality: 0.95
Item codes: 1.03, 2.04, 3.01, 5.02, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

iSun, Inc. and subsidiaries file Chapter 11 bankruptcy; Nasdaq delisting filed; CRO appointed
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- iSun, Inc. and 11 subsidiaries filed voluntary Chapter 11 petitions on June 3, 2024, in Delaware Bankruptcy Court.
- Nasdaq filed Form 25 to delist common stock on June 3; delisting effective in 10 days; shares now trading on OTC Pink.
- Appointed Rob Vanderbeek as Chief Restructuring Officer effective June 3; compensation via Novo Advisors fees.
- Bankruptcy Court approved first day motions on June 5 to allow ordinary course operations during Chapter 11.
- Company warns holders of common stock could experience significant or complete loss on investment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1634447/000149315224023164/0001493152-24-023164-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1634447/000149315224023164/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-023164

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