Bankruptcy: Optimus Healthcare Services, Inc.

Form Type: 8-K

Filing Date: 2025-06-09

Corporate Action: Bankruptcy

Type: Update

Accession Number: 000121390025052616

Filing Summary: On June 9, 2025, Optimus Healthcare Services, Inc. reported significant financial distress and the potential for bankruptcy. Following the expiration of the Forbearance Period, the Company has not cured specified defaults under its senior secured convertible notes and may face acceleration of its debt obligations. With approximately $251,000 in cash as of June 6, 2025, the Company lacks sufficient liquidity to operate beyond 60-90 days. Management is evaluating strategic alternatives, including potential new investors, restructuring options, or bankruptcy protection, due to limited cash reserves and inability to secure additional capital. The situation poses a severe threat to the Company’s financial stability and continuity of operations. There is no assurance that any strategic review will result in a favorable transaction or that the Company can avoid insolvency.