---
schema_version: "secwatch.filing_event.v1"
accession: "0001828852-25-000020"
form_type: "8-K"
ticker: null
cik: "0001828852"
company_name: "Mondee Holdings, Inc."
filed_at: "2025-04-09T23:59:59+00:00"
generated_at: "2026-05-23T18:33:14.572663+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Mondee completes asset sale to Tabhi, exits Chapter 11; debt cut ~50%, Gundumogula named CEO

## Summary
- Tabhi acquired substantially all assets of Mondee Holdings; sale closed April 3, 2025 after court approval.
- Debt cut roughly in half; additional equity invested; new credit facility from TCW, MSIM, and Wingspire.
- Prasad Gundumogula invested personally and holds majority equity stake; appointed CEO of new entity.
- Company now operating as Tabhi, serving over 65,000 travel experts and 125 million travelers.
- Mondee cautions that holders of Class A common stock will likely experience a complete loss on investment.

## SEC filing metadata
- accession: 0001828852-25-000020
- form_type: 8-K
- cik: 0001828852
- company_name: Mondee Holdings, Inc.
- filed_at: 2025-04-09T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 2.01, 5.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828852/000182885225000020/0001828852-25-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828852/000182885225000020/mond-20250403.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001828852-25-000020
- JSON: https://secwatch.observer/filing/0001828852-25-000020.json
- Plain text: https://secwatch.observer/filing/0001828852-25-000020.txt

## Key facts
- Executive change
  Timothy Pohl resigned as Class II director of the Board at Mondee Holdings, Inc..
  - Action: resigned
  - Role: Class II director of the Board
  source text: On April 3, 2025, Mr. Timothy Pohl resigned from the Board of the Company as a Class II director of the Board, effective upon the closing of the Sale Transaction.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828852/000182885225000020/0001828852-25-000020-index.htm
- Executive change
  Jeffrey Clarke resigned as Class I director of the Board at Mondee Holdings, Inc..
  - Action: resigned
  - Role: Class I director of the Board
  source text: On April 3, 2025, Mr. Jeffrey Clarke resigned from the Board of the Company as a Class I director of the Board, effective upon the closing of the Sale Transaction.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828852/000182885225000020/0001828852-25-000020-index.htm
- Executive change
  Orestes Fintiklis resigned as Class III director of the Board at Mondee Holdings, Inc..
  - Action: resigned
  - Role: Class III director of the Board
  source text: On April 3, 2025, Mr. Orestes Fintiklis resigned from the Board of the Company as a Class III director of the Board and from all other positions he holds with the Company and each of its subsidiaries, effective upon the closing of the Sale Transaction.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828852/000182885225000020/0001828852-25-000020-index.htm
- Executive change
  Pradeep Udhas resigned as Class II director of the Board at Mondee Holdings, Inc..
  - Action: resigned
  - Role: Class II director of the Board
  source text: On April 3, 2025, Mr. Pradeep Udhas resigned from the Board of the Company as a Class II director of the Board, effective upon the closing of the Sale Transaction.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828852/000182885225000020/0001828852-25-000020-index.htm
- Executive change
  Neal Goldman resigned as Class III director of the Board at Mondee Holdings, Inc..
  - Action: resigned
  - Role: Class III director of the Board
  source text: On April 3, 2025, Mr. Neal Goldman resigned from the Board of the Company as a Class III director of the Board, effective upon the closing of the Sale Transaction.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828852/000182885225000020/0001828852-25-000020-index.htm
- Executive change
  Mona Aboelnaga Kanaan resigned as Class II director of the Board at Mondee Holdings, Inc..
  - Action: resigned
  - Role: Class II director of the Board
  source text: On April 3, 2025, Ms. Mona Aboelnaga Kanaan resigned from the Board of the Company as a Class II director of the Board, effective upon the closing of the Sale Transaction.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828852/000182885225000020/0001828852-25-000020-index.htm
- Executive change
  Noor Sweid resigned as Class I director of the Board at Mondee Holdings, Inc..
  - Action: resigned
  - Role: Class I director of the Board
  source text: On April 3, 2025, Ms. Noor Sweid resigned from the Board of the Company as a Class I director of the Board, effective upon the closing of the Sale Transaction.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828852/000182885225000020/0001828852-25-000020-index.htm
- Executive change
  Jesus Portillo resigned as Class II director of the Board at Mondee Holdings, Inc..
  - Action: resigned
  - Role: Class II director of the Board
  source text: On April 3, 2025, Mr. Jesus Portillo resigned from the Board of the Company as a Class II director of the Board and from all other positions he holds with the Company and each of its subsidiaries, effective upon the closing of the Sale Transaction.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828852/000182885225000020/0001828852-25-000020-index.htm
- Executive change
  Prasad Gundumogula resigned as Class III director of the Board at Mondee Holdings, Inc..
  - Action: resigned
  - Role: Class III director of the Board
  source text: On April 3, 2025, Mr. Prasad Gundumogula resigned from the Board of Directors (the “ Board ”) of the Company as a Class III director of the Board and from all other positions he holds with the Company and each of its subsidiaries, effective upon the closing of the Sale Transaction.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828852/000182885225000020/0001828852-25-000020-index.htm
- Executive change
  Asi Ginio resigned as Class I director of the Board at Mondee Holdings, Inc..
  - Action: resigned
  - Role: Class I director of the Board
  source text: On April 3, 2025, Mr. Asi Ginio resigned from the Board of the Company as a Class I director of the Board, effective upon the closing of the Sale Transaction.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828852/000182885225000020/0001828852-25-000020-index.htm

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