Case filing & court posture: Dynata, LLC and 18 affiliated debtors filed a joint prepackaged chapter 11 on May 22, 2024 in the District of Delaware before Judge Thomas M. Horan. Dkt. 1 Dynata is a global data platform company providing B2B insights to market research firms, brands, and advertising agencies via online survey panels. Dkt. 19
Financing & debt reduction: The debtors obtained a $31.5 million new-money DIP facility from their first lien lenders on a pro rata basis, Dkt. 14 with the restructuring designed to reduce overall debt by approximately $550 million. Dkt. 14
Prepackaged plan & confirmation: The debtors filed a joint prepackaged plan of reorganization on the petition date, Dkt. 18 which was confirmed on July 2, 2024, with all impaired voting classes (first lien, revolving credit, and second lien term loan claims) accepting the plan. Dkt. 195
Post-confirmation status: The plan became effective on July 15, 2024. Dkt. 279 Post-confirmation reports have been filed and the case remains open with no final decree entered.
