---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-004650"
form_type: "8-K"
ticker: null
cik: "0001736865"
company_name: "Golden Developing Solutions, Inc."
filed_at: "2023-07-05T23:59:59+00:00"
generated_at: "2026-06-13T12:44:48.392845+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Golden Developing Solutions files Chapter 11 bankruptcy; director resigns

## Summary
- 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.

## SEC filing metadata
- accession: 0001683168-23-004650
- form_type: 8-K
- cik: 0001736865
- company_name: Golden Developing Solutions, Inc.
- filed_at: 2023-07-05T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.03, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1736865/000168316823004650/0001683168-23-004650-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1736865/000168316823004650/golden_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-004650
- JSON: https://secwatch.observer/filing/0001683168-23-004650.json
- Plain text: https://secwatch.observer/filing/0001683168-23-004650.txt

## Key facts
- Distress & Bankruptcy
  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
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1736865/000168316823004650/0001683168-23-004650-index.htm
- Executive change
  John Sosville resigned as member of the board of directors at Golden Developing Solutions, Inc..
  - Action: resigned
  - Role: member of the board of directors
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1736865/000168316823004650/0001683168-23-004650-index.htm

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