---
schema_version: "secwatch.filing_event.v1"
accession: "0001828852-25-000010"
form_type: "8-K"
ticker: null
cik: "0001828852"
company_name: "Mondee Holdings, Inc."
filed_at: "2025-01-15T23:59:59+00:00"
generated_at: "2026-05-28T01:18:12.829569+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# Mondee files Chapter 11, enters RSA with stalking horse credit bid of $191M from TCW/Wingspire

## Summary
- Filed Chapter 11 in Delaware; TCW/Wingspire affiliates offer $191M credit bid for substantially all assets as stalking horse.
- DIP financing up to $110M ($27.5M new money + $82.5M conversion) subject to Court approval; $6M term loan borrowed Jan 7.
- COO Jim Dullum resigned Jan 10; Jesus Portillo serves as CEO and CFO going forward.
- RSA milestones: sale consummation within 60 days, plan confirmation within 100 days; common stock likely zero recovery.
- Outstanding prepetition debt ~$231M accelerated by filing; operations continue normally for customers and partners.

## SEC filing metadata
- accession: 0001828852-25-000010
- form_type: 8-K
- cik: 0001828852
- company_name: Mondee Holdings, Inc.
- filed_at: 2025-01-15T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 1.01, 1.03, 2.03, 2.04, 5.02, 7.01, 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828852/000182885225000010/0001828852-25-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828852/000182885225000010/mond-20250107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001828852-25-000010
- JSON: https://secwatch.observer/filing/0001828852-25-000010.json
- Plain text: https://secwatch.observer/filing/0001828852-25-000010.txt

## Key facts
- Distress & Bankruptcy
  Mondee Holdings, Inc. entered chapter 11 in United States Bankruptcy Court for the District of Delaware (petition 2024-01-14).
  - Proceeding: chapter 11
  - Court: United States Bankruptcy Court for the District of Delaware
  - Petition: 2024-01-14
  source text: the Company and certain of its US subsidiaries, Mondee Holdings II, LLC, Mondee, Inc., Mondee Brazil, LLC, Cosmopolitan Travel Service, Inc., Cosmopolitan Travel Services Inc., C & H Travel & Tours, Inc., SkyLink Travel, Inc., SkyLink Travel, Inc., SkyLink Travel Inc., Skylink Travel SFO Inc., Purple Grids Inc., Trans Am Travel, Inc., TransWorld Travel, Inc., Hari-World Travel Group, Inc., ExploreTrip IP Holdings, Inc., ExploreTrip, Inc., Mondee Acquisition Company, Inc., Rocketrip, Inc., Skypass Travel, Inc., and Skypass Holidays LLC (such subsidiaries together with the Company, the “ Company Parties ”) filed voluntary petitions for relief (the “ Bankruptcy Petitions ”) under Chapter 11 of the United States Bankruptcy Code (the “ Bankruptcy Code ”) in the United States Bankruptcy Court for the District of Delaware (such court, the “ Court ” and such cases, the “ Cases ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828852/000182885225000010/0001828852-25-000010-index.htm
- Executive change
  Jim Dullum resigned as Chief Operating Officer at Mondee Holdings, Inc..
  - Action: resigned
  - Role: Chief Operating Officer
  source text: On January 10, 2025, Jim Dullum (“ Mr. Dullum ”) resigned as Chief Operating Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828852/000182885225000010/0001828852-25-000010-index.htm

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