Zynex Inc. Files 8-K: Material Agreement & Financial Triggers

Ticker: ZYXIQ · Form: 8-K · Filed: Dec 16, 2025 · CIK: 846475

Zynex Inc 8-K Filing Summary
FieldDetail
CompanyZynex Inc (ZYXIQ)
Form Type8-K
Filed DateDec 16, 2025
Risk Levelmedium
Pages10
Reading Time12 min
Key Dollar Amounts$0.001, $22.3 million, $10.15 million, $5 million, $7.15 million
Sentimentneutral

Sentiment: neutral

Topics: material-agreement, financial-obligation, regulation-fd

Related Tickers: ZYXI

TL;DR

Zynex filed an 8-K on 12/15/25 detailing a material agreement and potential acceleration of financial obligations.

AI Summary

On December 15, 2025, Zynex, Inc. entered into a material definitive agreement. The company also reported triggering events that could accelerate or increase financial obligations, and made a Regulation FD disclosure. The filing includes financial statements and exhibits.

Why It Matters

This 8-K filing indicates significant corporate actions by Zynex, Inc., potentially impacting its financial obligations and requiring disclosure to the public.

Risk Assessment

Risk Level: medium — The filing mentions triggering events that accelerate or increase financial obligations, which could indicate financial distress or increased risk.

Key Players & Entities

  • ZYNEX INC (company) — Registrant
  • December 15, 2025 (date) — Date of earliest event reported
  • NV (state) — State of incorporation
  • 870403828 (ein) — Employer Identification Number

FAQ

What is the nature of the material definitive agreement entered into by Zynex, Inc. on December 15, 2025?

The filing does not specify the details of the material definitive agreement, only that one was entered into.

What are the specific triggering events that accelerate or increase Zynex, Inc.'s financial obligations?

The filing states that triggering events occurred but does not provide specific details about these events.

What is the purpose of the Regulation FD disclosure mentioned in the 8-K filing?

The filing indicates a Regulation FD disclosure was made, but the specific content of this disclosure is not detailed within the provided text.

When was Zynex, Inc. incorporated, and in which state?

Zynex, Inc. was incorporated in Nevada (NV).

What are the business and mailing addresses for Zynex, Inc. as reported in the filing?

The business and mailing address for Zynex, Inc. is 9655 Maroon Circle, Englewood, CO 80112.

Filing Stats: 3,075 words · 12 min read · ~10 pages · Grade level 14.5 · Accepted 2025-12-16 08:09:16

Key Financial Figures

  • $0.001 — ge on which registered Common Stock, $0.001 par value per share ZYXI The Nasdaq
  • $22.3 million — Lenders, the "DIP Lenders") providing a $22.3 million DIP Facility, as described below and th
  • $10.15 million — d term loan available in three draws of $10.15 million on initial draw, $5 million on the seco
  • $5 million — raws of $10.15 million on initial draw, $5 million on the second draw, and $7.15 million o
  • $7.15 million — raw, $5 million on the second draw, and $7.15 million on the third draw (the "DIP Facility"),
  • $2.0 million — ement to serve as a DIP Lender and fund $2.0 million of the total $22.3 million DIP Facility
  • $60.0 million — fault under the Company's approximately $60.0 million of aggregate principal amount (plus any

Filing Documents

01. Entry into a Material Definitive Agreement

Item 1.01. Entry into a Material Definitive Agreement. The information regarding the Restructuring Support Agreement (as defined below) set forth in Item 1.03 of this Current Report on Form 8-K is incorporated into this Item 1.01 by reference.

03. Bankruptcy or Receivership

Item 1.03. Bankruptcy or Receivership. Voluntary Petitions for Reorganization On December 15, 2025 (the "Petition Date"), Zynex, Inc. (the "Company") and certain of its subsidiaries (collectively, the "Company Subsidiary Parties" and together with the Company, the "Company Parties") filed voluntary petitions (the "Chapter 11 Cases") under chapter 11 of title 11 of the United States Code (the "Bankruptcy Code") in the United States Bankruptcy Court for the Southern District of Texas (the "Court"). The Company has requested that the Court administer the Chapter 11 Cases jointly for administrative purposes only under the caption In re Zynex, Inc., et al. The Company filed customary first day motions with the Court to permit the Company to maintain stable operations during the Chapter 11 process, requesting, among other relief, interim approval of the DIP Facility (as defined below) and authority to pay certain of the Company's vendor, tax, insurance and employee wages and benefits obligations in the ordinary course of business. For additional information about the Chapter 11 Cases and copies of motions and proposed orders filed with the Court and other documents related to the court-supervised process, please visit https://dm.epiq11.com/Zynex. Restructuring Support Agreement On the Petition Date, prior to commencing the Chapter 11 Cases, the Company Parties entered into a restructuring support agreement (including (i) a term sheet annexed thereto setting forth the terms of the DIP Facility (the "DIP Term Sheet") and (ii) a term sheet setting forth the key terms of the Restructuring Transactions (as defined below) and together with all annexes and exhibits thereto, the "RSA") with certain holders of, or investment advisors, sub-advisers or managers of discretionary accounts that hold, the Company's 5.00% Convertible Senior Notes due 2026 (the "Convertible Notes Claims") (collectively, the "Consenting Noteholders") and certain lenders under the DIP Facility (

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure. Press Release On December 16, 2025, the Company issued a press release announcing the filing of the Chapter 11 Cases and entry into the RSA. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference. Cleansing Material The Company entered into confidentiality agreements (the "Confidentiality Agreements") with the Consenting Noteholders in order to engage in strategic discussions regarding the Company's capital structure which ultimately led to the RSA. The Confidentiality Agreements require the Company to publicly disclose certain confidential information provided to such parties in connection with such discussions (the "Cleansing Material") upon the occurrence of certain events. The Company is furnishing the Cleansing Material as Exhibit 99.2 in satisfaction of its obligations under the Confidentiality Agreements. The Cleansing Material was prepared for purposes of discussion with parties to the Confidentiality Agreements and was not prepared with a view toward public disclosure. The Cleansing Material should not be relied upon to make an investment decision with respect to the Company nor as a prediction of future events. Neither the Company nor any of its affiliates or representatives or any third party has made or makes any representation to any person regarding the accuracy or completeness of the Cleansing Material, and none of them undertakes any obligation to update the Cleansing Material after November 13, 2025, the date of the Cleansing Material, or to reflect the occurrence of future events. The information contained in Items 7.01 and 9.01 of this Current Report on Form 8-K (as to Exhibits 99.1 and 99.2), is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section. The information contained in Items 7.01 and 9.01 (as to Ex

Forward-Looking Statements

Forward-Looking Statements This Current Report on Form 8-K includes "forward-looking statements," within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act, including, in particular, any statements about our plans, strategies, objectives, initiatives, roadmap and prospects. We generally use the words "may," "will," "could," "expect," "anticipate," "believe," "estimate," "plan," "intend," "aim" and similar expressions in this Current Report on Form 8-K to identify forward-looking statements. We have based these forward-looking statements on our current views with respect to future events and financial performance. Actual results could differ materially from those projected in the forward-looking statements. These forward-looking statements, include, but are not limited to, statements related to the Restructuring Transactions described above, including the Company's ability to complete the Restructuring Transactions on the terms contemplated by the RSA, on the timeline contemplated or at all, and the Company's ability to realize the intended benefits of the Restructuring Transactions. The Company's actual results may differ materially from those anticipated in these forward-looking statements as a result of certain risks and other factors. Some of these risks and uncertainties include: risks and uncertainties relating to the Chapter 11 Cases, including but not limited to the Company's ability to obtain Court approval with respect to motions in the Chapter 11 Cases and approval of requisite stakeholders and confirmation by the Court of the Plan, the effects of the Chapter 11 Cases on the Company and its various constituents, the impact of Court rulings in the Chapter 11 Cases, the ultimate outcome of the Chapter 11 Cases in general, the length of time the Company will operate under the Chapter 11 Cases, attendant risks associated with restrictions on the Company's ability to pursue its business strategies while the Chapter 11 Cases

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 10.1 Restructuring Support Agreement, dated as of December 15, 2025, among the Company Parties and the Consenting Noteholders. 99.1 Press Release, dated as of December 16, 2025 99.2 Cleansing Material, dated as of November 13, 2025 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. DATED: December 16, 2025 ZYNEX, INC. By: /s/ Vikram Bajaj Name: Vikram Bajaj Title: Chief Financial Officer

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