---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-021728"
form_type: "8-K"
ticker: null
cik: "0000799698"
company_name: "LadRx Corp"
filed_at: "2025-07-31T23:59:59+00:00"
generated_at: "2026-05-17T22:34:57.312542+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# LadRX Corp. enters assignment for benefit of creditors, ceases operations and liquidates

## Summary
- On July 28, 2025, LadRX assigned all assets to LADRX ABC LLC as Assignee for creditor benefit.
- Company ceased substantially all business operations and no longer a going concern.
- All directors (Simpson, Claiborne, CEO Snowdy, CFO Caloz) resigned effective July 28, 2025.
- Assignment triggered defaults making debt obligations immediately due and payable.

## SEC filing metadata
- accession: 0001641172-25-021728
- form_type: 8-K
- cik: 0000799698
- company_name: LadRx Corp
- filed_at: 2025-07-31T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 1.03, 2.04, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/799698/000164117225021728/0001641172-25-021728-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/799698/000164117225021728/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-021728
- JSON: https://secwatch.observer/filing/0001641172-25-021728.json
- Plain text: https://secwatch.observer/filing/0001641172-25-021728.txt

## Key facts
- Debt Financings
  LadRx Corp reported a default on debt.
  - Event: default
  source text: The execution of the Assignment described under Item 1.03 above constituted an event of default or otherwise triggered obligations under certain of the Company’s debt instruments and contractual obligations. As a result, all outstanding obligations under such agreements may be immediately due and payable.
  evidence_url: https://www.sec.gov/Archives/edgar/data/799698/000164117225021728/0001641172-25-021728-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.