Zynex, Inc., along with its affiliates, filed its first amended combined joint plan of reorganization with related disclosure statement in the US Bankruptcy Court on January 29, 2026. As per the amended plan filed, convertible notes claims shall receive its pro rata share of GUC trust class B interests, together with the holders of general unsecured claims in the event that the plan sponsor is the stalking horse bidder or shall receive the greater of its pro rata share of excess sale proceeds, if any, together with the holders of general unsecured claims, and other treatment sufficient to satisfy section 1129(a)(7) of the bankruptcy code. General unsecured claims its pro rata share of GUC trust class B interests, together with the holders of convertible notes claims in the event that the plan sponsor is the stalking horse bidder or shall receive the greater of its pro rata share of excess sale proceeds, if any, together with the holders of convertible notes claims, and other treatment sufficient to satisfy section 1129(a)(7) of the bankruptcy code.
There are no other changes in treatment of any claim class or sources of plan funding.
Zynex, Inc. is a medical technology company specialized in the manufacturing and sale of non-invasive medical devices for pain management, rehabilitation, and patient monitoring. The Company’s devices are intended for pain management to reduce reliance on medications and provide rehabilitation and increased mobility through the utilization of non-invasive muscle stimulation, electromyography technology, interferential current, neuromuscular electrical stimulation and transcutaneous electrical nerve stimulation. The Company’s products include Zynex Medical Products, which includes NexWave, NeuroMove, InWave, E-Wave, M-Wave; Private Labeled Supplies, which includes Electrodes and Batteries; Private Labeled Rehabilitation Products, which include Comfortrac/Saunders, JetStream/Pain Management Technologies, LSO Back Braces, Bracing (Knee and Wrist), and Dynacomp, and Zynex Monitoring Solutions Products, which includes CM-1500, CM-1600, NiCO CO-Oximeter, and HemeOx tHb Oximeter.
