Synergy CHC Corp. Files Chapter 11; Appoints Chief Restructuring Officer
$SNYR · Synergy CHC Corp.Research Summary
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Synergy CHC Corp. Files Chapter 11; Appoints Chief Restructuring Officer
What Happened
Synergy CHC Corp. (SNYR) filed a voluntary petition for relief under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Columbia on September 4, 2026. The case is captioned In re Synergy CHC Corp., Case No. 26-465-ELG. The company is operating as a debtor-in-possession and engaged The VerStandig Law Firm, LLC as bankruptcy counsel. It expects to file a plan of liquidation or reorganization within the forthcoming 120-day period and will hold a creditors’ meeting per the Bankruptcy Code and Federal Rules of Bankruptcy Procedure.
Key Details
- Chapter 11 filing date: September 4, 2026; Case No.: 26-465-ELG (D.D.C.).
- The company is operating as a debtor-in-possession; assets are now under Bankruptcy Court jurisdiction.
- Legal counsel: The VerStandig Law Firm, LLC retained to advise and represent the company in the bankruptcy case.
- Management change: Lauren P. Berret of Eisner Advisory Group LLC was engaged as chief restructuring officer, effective August 26, 2026.
Why It Matters
A Chapter 11 filing means Synergy CHC’s restructuring and any sale or liquidation process will be overseen by the Bankruptcy Court, which can materially affect creditors, shareholders and operations. The appointment of a chief restructuring officer and bankruptcy counsel signals active efforts to manage the restructuring process; the company’s plan (liquidation or reorganization) is expected within 120 days. Retail investors should understand this is a significant corporate event that typically increases uncertainty around the company’s equity value and may affect trading, claims, and creditor recoveries. Monitor court filings, the company’s 8-K/A updates, and notices about the creditors’ meeting for developments.