{"schema_version":"secwatch.filing_event.v1","accession":"0001595585-23-000036","form_type":"8-K","ticker":null,"cik":"0001595585","company_name":"Tricida, Inc.","filed_at":"2023-05-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.581590+00:00","generated_at":"2026-06-14T14:34:52.505355+00:00","sec_items":["1.03","7.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"Court confirms Tricida Ch 11 liquidation plan; assets $47.5M vs liabilities $235M; equity canceled","bullets":["Court confirmed Fifth Amended Chapter 11 Plan of Liquidation on May 23, 2023; effective date expected within 30 days.","Plan cancels all Class 8 interests (common stock); holders receive no distributions.","As of April 30, 2023, total assets $47.5M, total liabilities $235.3M; accumulated deficit $939.3M.","Liquidating Trust established to administer assets and resolve remaining claims; professional fees $2.2M in April.","Cash balance $43.7M as of April 30, 2023; zero employees remaining."],"urls":{"canonical":"https://secwatch.observer/filing/0001595585-23-000036","json":"https://secwatch.observer/filing/0001595585-23-000036.json","markdown":"https://secwatch.observer/filing/0001595585-23-000036.md","text":"https://secwatch.observer/filing/0001595585-23-000036.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1595585/000159558523000036/0001595585-23-000036-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1595585/000159558523000036/tcda-20230522.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T14:34:52.505355+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":"97ec691dd5dd7399e9af246a7f8751d04de196b7","claim":"Tricida, Inc. entered chapter 11 in United States Bankruptcy Court for the District of Delaware (petition 2023-01-11).","evidence_excerpt":"As previously disclosed, on January 11, 2023, Tricida, Inc. (the “Company”) filed a voluntary petition for relief under Chapter 11 of Title 11 of the United States Code in the United States Bankruptcy Court for the District of Delaware (the “Court”), thereby commencing a Chapter 11 case for the Company (Case No. 23-10024).","evidence_source":"SEC 8-K Item 1.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1595585/000159558523000036/0001595585-23-000036-index.htm","confidence":0.9,"family_label":"Distress & Bankruptcy","details":[{"label":"Proceeding","value":"chapter 11"},{"label":"Court","value":"United States Bankruptcy Court for the District of Delaware"},{"label":"Petition","value":"2023-01-11"}],"fact_type":"distress_event"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}