--- schema_version: "secwatch.filing_event.v1" accession: "0001628280-23-024475" form_type: "8-K" ticker: null cik: "0001741231" company_name: "Tattooed Chef, Inc." filed_at: "2023-07-06T23:59:59+00:00" generated_at: "2026-06-13T11:59:27.424318+00:00" event_type: "other_material" sentiment: "negative" materiality_score: 1.0 calibrated_materiality_score: 1.0 confidence: "high" source: SEC EDGAR --- # Tattooed Chef files Chapter 11; Nasdaq delisting, facility closures planned ## Summary - Company and subsidiaries filed voluntary Chapter 11 on July 2, 2023 in Central District of California. - Nasdaq to delist TTCF; trading suspended July 12; company will not appeal. - WARN notices issued for CA and NM facilities; closures expected Aug 29-30, 2023 unless financing obtained. - Appointed Edward J. Bidanset as Chief Restructuring Officer effective July 1, 2023. - Filing accelerated obligations under multiple debt instruments, including UMB loan and notes held by Salvatore Galletti. ## SEC filing metadata - accession: 0001628280-23-024475 - form_type: 8-K - cik: 0001741231 - company_name: Tattooed Chef, Inc. - filed_at: 2023-07-06T23:59:59+00:00 - event_type: other_material - sentiment: negative - materiality_score: 1.0 - calibrated_materiality_score: 1.0 - confidence: high - sec_items: 1.03, 2.04, 2.05, 3.01, 5.02, 7.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1741231/000162828023024475/0001628280-23-024475-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1741231/000162828023024475/ttcf-20230629.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001628280-23-024475 - JSON: https://secwatch.observer/filing/0001628280-23-024475.json - Plain text: https://secwatch.observer/filing/0001628280-23-024475.txt ## Key facts - Debt Financings Tattooed Chef, Inc. reported a default on loan of Not specified with UMB at Not specified maturing Not specified. - Instrument: loan - Principal: Not specified - Counterparty: UMB - Rate: Not specified - Maturity: Not specified - Event: default source text: The filing of the Chapter 11 Cases constitutes an event of default that accelerated the Company’s obligations under the following debt instruments evidence_url: https://www.sec.gov/Archives/edgar/data/1741231/000162828023024475/0001628280-23-024475-index.htm - Debt Financings Tattooed Chef, Inc. reported a default on loan of Not specified with Nusenda Federal Credit Union at Not specified maturing Not specified. - Instrument: loan - Principal: Not specified - Counterparty: Nusenda Federal Credit Union - Rate: Not specified - Maturity: Not specified - Event: default source text: Amended and Restated addendum to business loan agreement, deed of trust, commercial security agreement and assignment of rents between Nusenda Federal Credit Union and New Mexico Food Distributors, Inc. together with Karsten Tortilla Factory, LLC effective as of May 12, 2021 evidence_url: https://www.sec.gov/Archives/edgar/data/1741231/000162828023024475/0001628280-23-024475-index.htm - Debt Financings Tattooed Chef, Inc. reported a default on loan of Not specified with Salvatore Galletti at Not specified maturing Not specified. - Instrument: loan - Principal: Not specified - Counterparty: Salvatore Galletti - Rate: Not specified - Maturity: Not specified - Event: default source text: Promissory Note dated November 23, 2022 by the Company in favor of Salvatore Galletti evidence_url: https://www.sec.gov/Archives/edgar/data/1741231/000162828023024475/0001628280-23-024475-index.htm - Debt Financings Tattooed Chef, Inc. reported a default on loan of Not specified with Salvatore Galletti at Not specified maturing Not specified. - Instrument: loan - Principal: Not specified - Counterparty: Salvatore Galletti - Rate: Not specified - Maturity: Not specified - Event: default source text: Promissory Note dated December 29, 2022 by the Company in favor of Salvatore Galletti evidence_url: https://www.sec.gov/Archives/edgar/data/1741231/000162828023024475/0001628280-23-024475-index.htm - Debt Financings Tattooed Chef, Inc. reported a default on loan of Not specified with Salvatore Galletti at Not specified maturing Not specified. - Instrument: loan - Principal: Not specified - Counterparty: Salvatore Galletti - Rate: Not specified - Maturity: Not specified - Event: default source text: Promissory Note dated April 7, 2023 by the Company in favor of Salvatore Galletti evidence_url: https://www.sec.gov/Archives/edgar/data/1741231/000162828023024475/0001628280-23-024475-index.htm - Distress & Bankruptcy Tattooed Chef, Inc. entered chapter 11 in U.S. Bankruptcy Court for the Central District of California (petition 2023-07-02). - Proceeding: chapter 11 - Court: U.S. Bankruptcy Court for the Central District of California - Petition: 2023-07-02 source text: On July 2, 2023 (the "Petition Date"), Tattooed Chef, Inc. (the "Company") and certain of its direct and indirect subsidiaries listed in Exhibit 99.1 attached hereto (collectively, the "Company Parties") each filed a voluntary petition (the "Chapter 11 Cases") under Chapter 11 of the U.S. Bankruptcy Code (the "Bankruptcy Code") in the U.S. Bankruptcy Court for the Central District of California (the "Bankruptcy Court"). evidence_url: https://www.sec.gov/Archives/edgar/data/1741231/000162828023024475/0001628280-23-024475-index.htm - Listing & Compliance Notices Tattooed Chef, Inc. received a nasdaq delisting notice notice regarding other (rules 5101, 5110(b), IM-5101-1). - Exchange: nasdaq - Notice: delisting notice - Rules: 5101, 5110(b), IM-5101-1 source text: July 3, 2023, the Company received written notice (the “Delisting Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, as a result of the Chapter 11 Cases and in accordance with Nasdaq Listing Rules 5101, 5110(b) and IM-5101-1, Nasdaq had determined that the Company’s common stock will be delisted from Nasdaq. In the Delisting Notice, Nasdaq referenced the Chapter 11 Cases and associated public interest concerns raised by it, concerns regarding the residual equity interest of the existing listed securities holders and concerns about the Company’s ability to sustain evidence_url: https://www.sec.gov/Archives/edgar/data/1741231/000162828023024475/0001628280-23-024475-index.htm - Executive change Edward J. Bidanset was appointed as Chief Restructuring Officer at Tattooed Chef, Inc.. - Action: appointed - Role: Chief Restructuring Officer source text: On June 29, 2023, the Company appointed Edward J. Bidanset of Cutsheet Express, LLC ("CE") as the Company's Chief Restructuring Officer ("CRO"). evidence_url: https://www.sec.gov/Archives/edgar/data/1741231/000162828023024475/0001628280-23-024475-index.htm - Restructurings & Charges Tattooed Chef, Inc. announced a restructuring affecting California and New Mexico facilities. - Type: restructuring - Affected area: California and New Mexico facilities source text: On June 29, 2023, the Company Parties issued a Worker Adjustment and Retraining Notification Act (the “WARN Act”) notice to the employees of its California and New Mexico facilities of the intent to wind down operations at those facilities in connection with the Chapter 11 Cases. evidence_url: https://www.sec.gov/Archives/edgar/data/1741231/000162828023024475/0001628280-23-024475-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.