---
schema_version: "secwatch.filing_event.v1"
accession: "0001999371-24-015845"
form_type: "8-K"
ticker: null
cik: "0000890447"
company_name: "Vertex Energy Inc."
filed_at: "2024-12-27T23:59:59+00:00"
generated_at: "2026-05-28T23:12:09.322184+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Vertex Energy's Chapter 11 Plan confirmed; common stock to be canceled with no distribution

## Summary
- Bankruptcy Court confirmed Second Amended Joint Chapter 11 Plan on Dec 20, 2024.
- Under the plan, all existing common shares (93,514,346 outstanding) will be canceled and equity holders receive no distribution.
- Debtors reported ~$256.5M in assets and ~$419.9M in liabilities as of Nov 30, 2024.
- Plan provides for DIP and term loan claims to receive new common stock; unsecured creditors get interests in a GUC Trust.
- Effective date not set; reorganized debtors expect to no longer be subject to SEC reporting.

## SEC filing metadata
- accession: 0001999371-24-015845
- form_type: 8-K
- cik: 0000890447
- company_name: Vertex Energy Inc.
- filed_at: 2024-12-27T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.03, 3.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/890447/000199937124015845/0001999371-24-015845-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/890447/000199937124015845/vtnrq-8k_12272024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001999371-24-015845
- JSON: https://secwatch.observer/filing/0001999371-24-015845.json
- Plain text: https://secwatch.observer/filing/0001999371-24-015845.txt

## Key facts
- Distress & Bankruptcy
  Vertex Energy Inc. entered chapter 11 in United States Bankruptcy Court for the Southern District of Texas.
  - Proceeding: chapter 11
  - Court: United States Bankruptcy Court for the Southern District of Texas
  source text: Court for the Southern District of Texas (the “ Bankruptcy Court ”). The Chapter 11 Cases are being jointly administered under the caption In re Vertex Energy, Inc., et al. , Case No. 24-90507 (CML).
  evidence_url: https://www.sec.gov/Archives/edgar/data/890447/000199937124015845/0001999371-24-015845-index.htm

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