Childrens Place, Inc. (PLCE) Form 8-K — Nov 9, 2026
$PLCEForm 8-KItems 1.01, 1.03, 2.04, 5.02, 7.01, 9.01Filed Nov 9, 2026, 8:00 AM ET0001104659-26-124175Original filing
The Children's Place filed voluntary Chapter 11 petitions on November 8, 2026 in the U.S. Bankruptcy Court for the District of New Jersey, Case No. 26-22682. The filing accelerated approximately $394 million in debt obligations under its credit agreements and subordinated notes, though enforcement is stayed by the automatic stay.
Key figures
- Debt Amount
- $394 million in aggregate outstanding obligations under the Debt Instruments as of the Petition Date
- Ffe commission
- 15% of gross proceeds on covered FF&E sales
- Consultant deposit
- $3,140,000
- Consultant base fee
- 2.5% of gross proceeds of covered merchandise sales
- Bankruptcy case number
- 26-22682 (SLM)
- Consultant expense budget
- $34,132,000
- Sale process bid deadline
- December 9, 2026
- Sale process completion target
- end of December 2026
- Merchant share of additional goods
- 6.5% of sale proceeds
AI analysis
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