secwatch.observer — SEC 8-K summary
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Issuer:     Tattooed Chef, Inc. (—)
CIK:        0001741231
Form:       8-K
Filed at:   2023-06-30T23:59:59+00:00
Accession:  0001628280-23-024033
Event type: other_material
Sentiment:  negative
Materiality: 1.00
Item codes: 3.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tattooed Chef files for Chapter 11 bankruptcy, seeks sale of assets under Section 363
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- Received Nasdaq delisting notice on June 28 for bid price below $1.00; 180-day cure period to Dec 26, 2023.
- Intends to file voluntary Chapter 11 petition in early July 2023 in Central District of California.
- Pursuing expedited sale of substantially all assets under Section 363; SC&H Capital retained as investment bank.
- Finalizing debtor-in-possession financing from existing secured lender; CEO provided $12M in unsecured loans.
- Appointed Edward Bidanset as Chief Restructuring Officer; plans layoffs in California and New Mexico.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1741231/000162828023024033/0001628280-23-024033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1741231/000162828023024033/ttcf-20230628.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-024033

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