ZYNEX INC 8-K

What Happened
Zynex, Inc. filed an 8-K on February 19, 2026 reporting that on February 18, 2026 it received a letter from the U.S. Securities and Exchange Commission stating the SEC has concluded its investigation and, based on information as of the letter date, "does not intend to recommend an enforcement action" against the company. The Letter was provided under the guidelines of Securities Act Release No. 5310. The company also reiterated cautionary disclosures about its previously disclosed Chapter 11 cases and related restructuring transactions.

Key Details

• SEC letter dated February 18, 2026: SEC concluded its investigation and does not intend to recommend enforcement.
• 8-K filed February 19, 2026 and signed by CFO Vikram Bajaj.
• Company reiterates that its Chapter 11 restructuring could result in significant losses for equity holders and that trading in the company’s securities during the Chapter 11 cases is highly speculative.
• References prior risk disclosures in the company’s filings (2024 Form 10-K/A filed July 24, 2025; Form 10-Qs for periods ended June 30, 2025 and September 30, 2025).

Why It Matters
For investors, the SEC’s decision not to recommend enforcement removes a regulatory overhang tied to the investigation, which could be viewed as positive. However, Zynex remains in Chapter 11 bankruptcy proceedings and warns that equity holders may suffer significant losses, including possible cancellation of common stock, depending on the outcome of the restructuring and bankruptcy court actions. In short: regulatory risk eased, but material bankruptcy and restructuring risks remain.