Golden Developing Solutions, Inc.: going-concern / distress — Golden Developing Solutions files Chapter 11 bankruptcy; director resigns

Golden Developing Solutions, Inc.

Filed Chapter 11 bankruptcy petition in Southern District of Florida on June 22, 2023.
Company to operate as debtor-in-possession under Bankruptcy Court jurisdiction.
Director John Sosville resigned from the Board effective June 22, 2023.
Resignation not due to any disagreement with management or board, per Mr. Sosville.

item 1.03 item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

John Sosville

member of the board of directors

Golden Developing Solutions, Inc.

Effective: 2023-06-22
Filed: July 5, 2023, 7:59 PM ET

On June 22, 2023, John Sosville, a member of the board of directors of Golden Developing Solutions, Inc., notified the Company that he is resigning from the Board of Directors effective June 22, 2023.

Key facts

Extracted from this filing and checked against the source text.

Distress & Bankruptcy SEC 8-K Item 1.03 confidence 0.9

Golden Developing Solutions, Inc. entered chapter 11 in U.S. Bankruptcy Court for the Southern District of Florida (petition 2023-06-22).

Proceeding: chapter 11
Court: U.S. Bankruptcy Court for the Southern District of Florida
Petition: 2023-06-22

Exact text from the filing

On June 22, 2023, Golden Developing Solutions, Inc. (the “Company”) 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 Southern District of Florida (the “Bankruptcy Court”).

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

John Sosville resigned as member of the board of directors at Golden Developing Solutions, Inc..

Action: resigned
Role: member of the board of directors

Exact text from the filing

On June 22, 2023, John Sosville, a member of the board of directors of Golden Developing Solutions, Inc., notified the Company that he is resigning from the Board of Directors effective June 22, 2023.

View on SEC.gov

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Source: SEC EDGAR

accession 0001683168-23-004650

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