Common stock likely to trade near the recovery value of the $10M pool, distributed pro rata among eligible holders. Monitor confirmation timeline and potential trading on OTC markets. Expect emergence before 2026 AEP (fall).
Price Chart
Executive Summary
GoHealth filed voluntary Chapter 11 petitions to implement a prepackaged restructuring plan supported by 100% of lenders, over 60% of Class A common holders, and over 99% of GoHealth Holdings unit holders. Existing equity interests (except Series A preferred) will be canceled, with a $10.0 million cash recovery pool for common holders, and Class A common stock is expected to be delisted from Nasdaq.
Key Facts
- Filed Chapter 11 on June 7, 2026 with prepackaged plan
- 100% lender support, >60% Class A common holder support, >99% unit holder support
- All existing equity (except Series A preferred) to be canceled upon effectiveness
- $10.0 million cash equity recovery pool for eligible Class A common and unit holders
- Class A common stock expected to be delisted from Nasdaq immediately
- CEO Vijay Kotte received $2.87 million cash performance award tied to filing
- COO Michael Hargis departed June 5, 2026 as termination without cause
Financial Impact
Existing common equity effectively wiped out with $10M recovery pool; Series A preferred reinstated; ownership transfers to lenders
Risk Factors
- Plan may not be confirmed by Bankruptcy Court
- Delays in restructuring could prolong uncertainty
- OTC market trading may be illiquid and highly speculative
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001628280-26-041369 |
| Document: goco-20260608xexhibit991.htm | 0001628280-26-041369 |
| Document: 0001628280-26-041369-index-headers.html | 0001628280-26-041369 |
| Document: 0001628280-26-041369-index.html | 0001628280-26-041369 |
| Document: 0001628280-26-041369.txt | 0001628280-26-041369 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jun 8, 2026 16w ago | 8-K | $0.3800 $0.3050 | ▲ +19.74% | ▲ +21.85% | — |
Jun 7, 2026 16w ago | Press Release | $0.3800 $0.3050 | ▲ +19.74% | ▲ +21.85% | — |
Mar 31, 2026 26w ago | 8-K | $1.33 $1.05 | ▲ +21.05% | ▲ +24.82% | — |
US Market Status
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