--- schema_version: "secwatch.filing_event.v1" accession: "0001653247-24-000019" form_type: "8-K" ticker: null cik: "0001653247" company_name: "Waitr Holdings Inc." filed_at: "2024-04-02T23:59:59+00:00" generated_at: "2026-06-04T03:35:07.899362+00:00" event_type: "other_material" sentiment: "negative" materiality_score: 1.0 calibrated_materiality_score: 1.0 confidence: "high" source: SEC EDGAR --- # Waitr Holdings files Chapter 7 bankruptcy; all operations ceased April 2, 2024 ## Summary - Company and 11 subsidiaries filed voluntary Chapter 7 petitions in Delaware Bankruptcy Court. - All executive officers terminated; CEO Carl Grimstad, CFO Armen Yeghyazarians, others removed. - Entire board of directors resigned; no directors or officers remain as of April 2, 2024. - Chapter 7 trustee will liquidate assets; equity holders unlikely to receive any distribution. - 2023 audit not completed; company will no longer file periodic reports. ## SEC filing metadata - accession: 0001653247-24-000019 - form_type: 8-K - cik: 0001653247 - company_name: Waitr Holdings Inc. - filed_at: 2024-04-02T23:59:59+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, 5.02, 8.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1653247/000165324724000019/0001653247-24-000019-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1653247/000165324724000019/wtrh-20240402.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001653247-24-000019 - JSON: https://secwatch.observer/filing/0001653247-24-000019.json - Plain text: https://secwatch.observer/filing/0001653247-24-000019.txt ## Key facts - Debt Financings Waitr Holdings Inc. faced acceleration on credit facility with Luxor Capital Group, LP. - Instrument: credit facility - Counterparty: Luxor Capital Group, LP - Event: acceleration source text: The commencement of the Chapter 7 cases described in Item 1.03 of this Current Report on Form 8-K constitutes an event of default under certain of the Company’s debt instruments (including (i) the credit agreement dated November 15, 2018, as amended, by and among the Company, various lenders and Luxor Capital Group, LP as administrative agent and (ii) the credit and guaranty agreement dated November 15, 2018, as amended, by and among various Subsidiaries, various lenders and Luxor Capital Group, LP as administrative agent), which results in acceleration of the Company’s and the Subsidiaries’ obligations under such debt instruments. evidence_url: https://www.sec.gov/Archives/edgar/data/1653247/000165324724000019/0001653247-24-000019-index.htm - Distress & Bankruptcy Waitr Holdings Inc. entered chapter 7 in United States Bankruptcy Court for the District of Delaware (petition 2024-04-02). - Proceeding: chapter 7 - Court: United States Bankruptcy Court for the District of Delaware - Petition: 2024-04-02 source text: On April 2, 2024, Waitr Holdings Inc. (the “Company”) and subsidiaries Waitr Intermediate Holdings, LLC (“WIH”), Dude Delivery, LLC (“Dude Delivery”), Cape Payments LLC (“Cape Payments”), BiteSquad.com, LLC (“BiteSquad”), ASAP Inc. (“ASAP”), Have Fun, LLC (“Have Fun”), DDIT, LLC (“DDIT”), CDMX Holdings, LLC (“CDMX”), Delivery Logistics, LLC (“Delivery Logistics”), Catering on Demand LLC (“Catering”) and KASA Delivery, LLC (“KASA” and together with Catering, Delivery Logistics, CDMX, DDIT, Have Fun, ASAP, BiteSquad, Cape Payments, Dude Delivery and WIH, the “Subsidiaries,” and each a “Subsidiary”), each filed a voluntary petition for relief under the provisions of Chapter 7 (“Chapter 7”) of Title 11 of the United States Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”), (collectively, the “Bankruptcy Filings”). evidence_url: https://www.sec.gov/Archives/edgar/data/1653247/000165324724000019/0001653247-24-000019-index.htm - Executive change J. Daniel Schmidt resigned as director at Waitr Holdings Inc.. - Action: resigned - Role: director source text: Concurrent with the Bankruptcy Filings, directors Carl A. Grimstad, Jonathan Green, Buford H. Ortale, and J. Daniel Schmidt tendered their resignations as members of the Company's Board of Directors. evidence_url: https://www.sec.gov/Archives/edgar/data/1653247/000165324724000019/0001653247-24-000019-index.htm - Executive change Jonathan Green resigned as director at Waitr Holdings Inc.. - Action: resigned - Role: director source text: Concurrent with the Bankruptcy Filings, directors Carl A. Grimstad, Jonathan Green, Buford H. Ortale, and J. Daniel Schmidt tendered their resignations as members of the Company's Board of Directors. evidence_url: https://www.sec.gov/Archives/edgar/data/1653247/000165324724000019/0001653247-24-000019-index.htm - Executive change Buford H. Ortale resigned as director at Waitr Holdings Inc.. - Action: resigned - Role: director source text: Concurrent with the Bankruptcy Filings, directors Carl A. Grimstad, Jonathan Green, Buford H. Ortale, and J. Daniel Schmidt tendered their resignations as members of the Company's Board of Directors. evidence_url: https://www.sec.gov/Archives/edgar/data/1653247/000165324724000019/0001653247-24-000019-index.htm - Executive change Armen Yeghyazarians was terminated as chief financial officer and chief accounting officer at Waitr Holdings Inc.. - Action: terminated - Role: chief financial officer and chief accounting officer source text: Carl A. Grimstad, the chief executive officer, Armen Yeghyazarians, the chief financial officer and chief accounting officer, Thomas C. Pritchard, general counsel, David Cronin, chief engagement officer, and Timothy Newton, chief technology officer were terminated as executive officers of the Company. evidence_url: https://www.sec.gov/Archives/edgar/data/1653247/000165324724000019/0001653247-24-000019-index.htm - Executive change Carl A. Grimstad resigned as director at Waitr Holdings Inc.. - Action: resigned - Role: director source text: Concurrent with the Bankruptcy Filings, directors Carl A. Grimstad, Jonathan Green, Buford H. Ortale, and J. Daniel Schmidt tendered their resignations as members of the Company's Board of Directors. evidence_url: https://www.sec.gov/Archives/edgar/data/1653247/000165324724000019/0001653247-24-000019-index.htm - Executive change Carl A. Grimstad was terminated as chief executive officer at Waitr Holdings Inc.. - Action: terminated - Role: chief executive officer source text: Carl A. Grimstad, the chief executive officer, Armen Yeghyazarians, the chief financial officer and chief accounting officer, Thomas C. Pritchard, general counsel, David Cronin, chief engagement officer, and Timothy Newton, chief technology officer were terminated as executive officers of the Company. evidence_url: https://www.sec.gov/Archives/edgar/data/1653247/000165324724000019/0001653247-24-000019-index.htm - Executive change Timothy Newton was terminated as chief technology officer at Waitr Holdings Inc.. - Action: terminated - Role: chief technology officer source text: Carl A. Grimstad, the chief executive officer, Armen Yeghyazarians, the chief financial officer and chief accounting officer, Thomas C. Pritchard, general counsel, David Cronin, chief engagement officer, and Timothy Newton, chief technology officer were terminated as executive officers of the Company. evidence_url: https://www.sec.gov/Archives/edgar/data/1653247/000165324724000019/0001653247-24-000019-index.htm - Executive change David Cronin was terminated as chief engagement officer at Waitr Holdings Inc.. - Action: terminated - Role: chief engagement officer source text: Carl A. Grimstad, the chief executive officer, Armen Yeghyazarians, the chief financial officer and chief accounting officer, Thomas C. Pritchard, general counsel, David Cronin, chief engagement officer, and Timothy Newton, chief technology officer were terminated as executive officers of the Company. evidence_url: https://www.sec.gov/Archives/edgar/data/1653247/000165324724000019/0001653247-24-000019-index.htm - Executive change Thomas C. Pritchard was terminated as general counsel at Waitr Holdings Inc.. - Action: terminated - Role: general counsel source text: Carl A. Grimstad, the chief executive officer, Armen Yeghyazarians, the chief financial officer and chief accounting officer, Thomas C. Pritchard, general counsel, David Cronin, chief engagement officer, and Timothy Newton, chief technology officer were terminated as executive officers of the Company. evidence_url: https://www.sec.gov/Archives/edgar/data/1653247/000165324724000019/0001653247-24-000019-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.