{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-25-002332","form_type":"8-K","ticker":null,"cik":"0000933738","company_name":"ENGLOBAL CORP","filed_at":"2025-03-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.865108+00:00","generated_at":"2026-05-25T08:39:17.018591+00:00","sec_items":["1.03","2.04","8.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.95,"calibrated_materiality_score":0.95,"confidence":"high","headline":"ENGlobal files Chapter 11 bankruptcy with subsidiaries, seeks DIP financing and sale process","bullets":["Filed March 5, 2025 in Southern District of Texas; includes ENGlobal U.S., Government Services, and Technologies LLC.","Debtors seek debtor-in-possession financing and intend to present a stalking horse sale agreement to the court.","Filing triggered event of default under credit agreements with Alliance 2000 Ltd. and an unaffiliated lender; enforcement stayed.","Company warns that trading in its securities is highly speculative and recovery for holders may be minimal.","Advisors: Okin Adams Bartlett Curry (legal) and Getzler Henrich (restructuring) engaged."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-25-002332","json":"https://secwatch.observer/filing/0001654954-25-002332.json","markdown":"https://secwatch.observer/filing/0001654954-25-002332.md","text":"https://secwatch.observer/filing/0001654954-25-002332.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/933738/000165495425002332/0001654954-25-002332-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/933738/000165495425002332/eng_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T08:39:17.018591+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":"e0ccb0bffd608dc1a79fd2d22d7f4995ebdd8316","claim":"ENGLOBAL CORP entered chapter 11 in United States Bankruptcy Court for the Southern District of Texas, Houston Division (petition 2025-03-05).","evidence_excerpt":"On March 5, 2025, ENGlobal Corporation (the “Company”) and certain of its wholly-owned direct and indirect subsidiaries, ENGlobal U.S., Inc., ENGlobal Government Services, Inc., and ENGlobal Technologies, LLC, (collectively, the \"Debtors\"), filed voluntary petitions (the “Petition,” and the cases commenced thereby, the “Chapter 11 Cases”) seeking relief under Chapter 11 of Title 11 of the United States Code (the “Code”) in the United States Bankruptcy Court for the Southern District of Texas, Houston Division (the “Court”).","evidence_source":"SEC 8-K Item 1.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/933738/000165495425002332/0001654954-25-002332-index.htm","confidence":0.9,"family_label":"Distress & Bankruptcy","details":[{"label":"Proceeding","value":"chapter 11"},{"label":"Court","value":"United States Bankruptcy Court for the Southern District of Texas, Houston Division"},{"label":"Petition","value":"2025-03-05"}],"fact_type":"distress_event"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}