Picklr, Inc. is proceeding under Subchapter V with interim authority to borrow up to $900,000 under its debtor-in-possession financing facility. The court will consider final financing approval at a November 10, 2026 hearing, according to the amended hearing notice Dkt. 62.

Picklr, Inc. is pursuing a Subchapter V reorganization with interim financing authority and a final financing hearing scheduled for November 10, 2026. The court’s interim DIP order Dkt. 43 permits the debtors to borrow up to $900,000 during the interim period, subject to the order and approved budget.

Picklr, Inc. filed for Chapter 11 on October 9, 2026. Its parent business includes company-operated pickleball clubs and a non-debtor franchisor. In the restructuring officer’s declaration Dkt. 14, the debtors attributed their liquidity strain to rapid, capital-intensive growth, weaker club performance, long-term leases and franchisee disputes. The declaration reported approximately 90 company-operated and franchised clubs and 35,000 members.

The interim order describes a $4,365,000 DIP facility, including $3,510,000 in new-money commitments and a roll-up component. It identifies $850,000 of prepetition bridge-loan principal plus capitalized fees and interest for the roll-up; the attached commitment schedule lists an $855,000 roll-up commitment. Dynamus Alliance is the initial lender. The order grants liens and permits specified operating and case-administration uses, subject to its terms and the budget; it does not establish that the authorized funds were drawn. The DIP motion Dkt. 7 describes a proposed path combining a reorganization plan with a franchise agreement sale, including a target for plan effectiveness and sale consummation within 90 days of the petition date.

The amended hearing notice Dkt. 62 sets the final financing matter for November 10, alongside requests concerning tax payments and the claims agent. The Subchapter V scheduling order Dkt. 39 requires a pre-status report by November 10, sets a November 24 status conference and directs Picklr to file a plan by January 7, 2027, unless the court orders otherwise.

Picklr, Inc. is proceeding under Subchapter V with interim authority to borrow up to $900,000 under its debtor-in-possession financing facility. The court will consider final financing approval at a November 10, 2026 hearing, according to the amended hearing notice Dkt. 62.

Picklr, Inc. is pursuing a Subchapter V reorganization with interim financing authority and a final financing hearing scheduled for November 10, 2026. The court’s interim DIP order Dkt. 43 permits the debtors to borrow up to $900,000 during the interim period, subject to the order and approved budget.

Picklr, Inc. filed for Chapter 11 on October 9, 2026. Its parent business includes company-operated pickleball clubs and a non-debtor franchisor. In the restructuring officer’s declaration Dkt. 14, the debtors attributed their liquidity strain to rapid, capital-intensive growth, weaker club performance, long-term leases and franchisee disputes. The declaration reported approximately 90 company-operated and franchised clubs and 35,000 members.

The interim order describes a $4,365,000 DIP facility, including $3,510,000 in new-money commitments and a roll-up component. It identifies $850,000 of prepetition bridge-loan principal plus capitalized fees and interest for the roll-up; the attached commitment schedule lists an $855,000 roll-up commitment. Dynamus Alliance is the initial lender. The order grants liens and permits specified operating and case-administration uses, subject to its terms and the budget; it does not establish that the authorized funds were drawn. The DIP motion Dkt. 7 describes a proposed path combining a reorganization plan with a franchise agreement sale, including a target for plan effectiveness and sale consummation within 90 days of the petition date.

The amended hearing notice Dkt. 62 sets the final financing matter for November 10, alongside requests concerning tax payments and the claims agent. The Subchapter V scheduling order Dkt. 39 requires a pre-status report by November 10, sets a November 24 status conference and directs Picklr to file a plan by January 7, 2027, unless the court orders otherwise.