Trust Size
$672M
Current Price
$0.00
Peak Market Cap
$800M
Price Journey
What Happened
QualTek Services was a telecom infrastructure services company providing installation, maintenance, and construction for wireless carriers and fiber networks. The company went public via SPAC merger with Roth CH Acquisition II Corp in February 2022. It filed for Chapter 11 bankruptcy in May 2023 under the weight of $307 million in debt.
Roth CH Acquisition II Corp merged with QualTek in February 2022, just as the Fed began raising rates. The telecom services company was immediately crushed by rising borrowing costs on its leveraged balance sheet. QualTek was delisted from Nasdaq in early 2023 and filed for Chapter 11 in May 2023. It emerged from bankruptcy in July 2023 as a private company, with stockholders losing all equity.
Timeline
2021-02-26
S-1 Registration Filed
2022-01-24
Merger Proxy Filed (DEFM14A)
2023-07-20
Last SEC Filing
2023-05-15
Filed for bankruptcy
SEC Filing Details
CIK Number
1839412
Total SEC Filings
212
State of Incorporation
DE
Last Filing Date
2023-07-20
Business Location
Newport Beach, CA
Trust/Asset Size
$672M
Data sourced from SEC EDGAR Company Facts API and EFTS search index.
📄 SEC Filings
View all EDGAR filings for QualTek Services