On February 2, 2026, Carbon Well being Applied sciences, Inc., a California-based pressing care supplier, together with 28 affiliated debtors, voluntarily filed for aid underneath Chapter 11 of the US Chapter Code in the US Chapter Court docket for the Southern District of Texas, reporting liabilities exceeding $100 million. In a press launchCarbon Well being introduced that it had reached an settlement with its current lenders relating to the phrases of a complete restructuring geared toward recapitalization and new possession.
The settlement establishes a dual-track, court-supervised course of that allows the corporate to concurrently pursue affirmation of a Chapter 11 plan based mostly on a debt-for-equity trade and a post-petition advertising and marketing and sale course of for all or a part of the corporate’s belongings.
“The decisive actions we’re taking immediately will strengthen our monetary basis and higher place Carbon Well being to advance our mission of constructing high-quality healthcare accessible to everybody,” mentioned Carbon Well being CEO Kerem Ozkay in a press release. “Through the use of the Chapter 11 course of to implement a transaction that can right-size our capital construction, we count on to emerge as a extra resilient group with the pliability wanted to help sustainable development and proceed delivering best-in-class care.”
The corporate has obtained as much as $19.5 million in debtor-in-possession financing from Future Options Investments to help its operations throughout chapter. Carbon Well being emphasised that its operations would proceed with out interruption throughout the restructuring course of.
