QVC Group, Inc. 8-K

What Happened
QVC Group, Inc. (the Company) filed voluntary Chapter 11 petitions in the U.S. Bankruptcy Court (filed previously and disclosed April 16, 2026). On April 17, 2026, Nasdaq notified the Company that it has determined to delist the Series A common stock (Nasdaq: QVCGA) and the 8.0% Series A Cumulative Redeemable Preferred Stock (Nasdaq: QVCGP), citing the bankruptcy filing and related listing-rule concerns. Nasdaq will suspend trading at the open on April 24, 2026, and file a Form 25-NSE to remove the securities from Nasdaq. The Company said it will not appeal Nasdaq’s decision and expects its capital stock to begin trading on an OTC Markets venue after suspension, but gave no assurance this will occur. Separately, OTC Markets moved the Company’s Series B common stock (OTCQB: QVCGB) from the OTCQB Venture Market to the OTCID Basic Market effective prior to market open on April 20, 2026.

Key Details

• Company filed Chapter 11 petitions (disclosed April 16, 2026); Nasdaq sent delisting notice on April 17, 2026.
• Trading suspension for QVCGA and QVCGP begins at market open April 24, 2026; Company will not appeal.
• OTC Markets downgraded QVCGB from OTCQB to OTCID Basic effective before April 20, 2026.
• Company warns trading is highly speculative, expects holders of Series A common, Series B common and Series A preferred likely will receive no distributions and that those interests will be cancelled under its prepackaged Chapter 11 plan.

Why It Matters
Delisting and the OTC downgrade reduce liquidity and public-market visibility for QVC securities, making buying or selling shares harder and likely increasing price volatility. The Company’s statement that equity and preferred interests are expected to be cancelled under its reorganization plan signals that equity holders may recover little or nothing from the bankruptcy. While QVC says the delisting does not affect ongoing business operations, retail investors should treat trading in the securities as highly speculative and review the Company’s court filings and updates for developments on the Chapter 11 process.