{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-030073","form_type":"8-K","ticker":null,"cik":"0000764195","company_name":"VBI Vaccines Inc/BC","filed_at":"2024-08-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.808838+00:00","generated_at":"2026-05-31T13:33:06.688516+00:00","sec_items":["1.03","3.01","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.95,"calibrated_materiality_score":0.95,"confidence":"high","headline":"VBI Vaccines files for bankruptcy restructuring under CCAA and Chapter 15; Nasdaq delisting effective Aug 8","bullets":["Received provisional relief under Chapter 15 on Aug 2, 2024; further hearing scheduled for recognition of CCAA order.","Nasdaq notified delisting effective Aug 8, 2024; company will not appeal.","Delisting based on noncompliance with minimum stockholders' equity and bid price rules.","Expects to cease reporting as a public company; no plans to list elsewhere.","Ernst & Young appointed as monitor in CCAA proceedings and sale solicitation process."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-030073","json":"https://secwatch.observer/filing/0001493152-24-030073.json","markdown":"https://secwatch.observer/filing/0001493152-24-030073.md","text":"https://secwatch.observer/filing/0001493152-24-030073.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/764195/000149315224030073/0001493152-24-030073-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/764195/000149315224030073/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T13:33:06.688516+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":"53ca920c694b1426a64fb983daae95d7be903341","claim":"VBI Vaccines Inc/BC entered chapter 15 in United States Bankruptcy Court for the District of Delaware (petition 2024-08-02).","evidence_excerpt":"On August 2, 2024, the United States Bankruptcy Court for the District of Delaware granted provisional relief under Chapter 15 of the U.S. Bankruptcy Code, and scheduled a further hearing to consider the recognition of the July 30, 2024, Ontario Superior Court of Justice (Commercial List) order, which granted VBI Vaccines Inc. (the “ Company ”) protection under the Companies’ Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended.","evidence_source":"SEC 8-K Item 1.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/764195/000149315224030073/0001493152-24-030073-index.htm","confidence":0.9,"family_label":"Distress & Bankruptcy","details":[{"label":"Proceeding","value":"chapter 15"},{"label":"Court","value":"United States Bankruptcy Court for the District of Delaware"},{"label":"Petition","value":"2024-08-02"}],"fact_type":"distress_event"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}