Zynex shares fall 48.60% premarket after filing for Chapter 11 restructuring with lender financing.

Zynex Inc. (NASDAQ: ZYXI) plummeted 48.60% in premarket trading following its announcement of a voluntary Chapter 11 court-supervised financial restructuring, supported by new lender financing. The company cited the move as a strategic step toward long-term stability, with operations continuing uninterrupted. Despite assurances about lender confidence and no immediate impact on operations, the filing signaled severe financial distress, triggering a sharp sell-off. The restructuring follows prior challenges, including lawsuits, layoffs, and a 96% stock price decline in 2025. While Zynex secured a $22.3 million DIP facility, the Chapter 11 filing underscored urgent liquidity needs and eroded investor confidence, aligning with the stock’s bearish premarket performance.