Filing Alert: Zynex Chapter 11
Zynex, Inc., an Englewood, CO-based medical device manufacturer, filed for Chapter 11 protection on December 15, 2025, in the U.S. Bankruptcy Court for the S...
Zynex, Inc. and its debtor affiliates⁽¹⁾, an Englewood, CO-based medical device manufacturer, filed for Chapter 11 protection on Dec. 15 in the U.S. Bankruptcy Court for the Southern District of Texas.
The company reports $45.3 million in assets and $86.7 million in liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 25-90810.
⁽¹⁾ For a complete list of debtor entities, see the Chapter 11 Debtors table.
Chapter 11 Debtors
Top Unsecured Claims
Key Parties
Counsel:
- Omar J Alaniz
Reed Smith LLP
Email: oalaniz@reedsmith.com
Attorneys:
- Simpson Thacher & Bartlett LLP
Financial Advisor:
- Province LLC
Signatories:
- Vikram Bajaj – Chief Financial Officer of Zynex, Inc.
Claims Agent:
Equity Security Holders:
- Thomas Sandgaard – approximately 50%