QVC Group, Inc.

QVC Group, Inc. has filed its Monthly Operating Report (MOR) for the period ending April 30, 2026, as part of its ongoing Chapter 11 bankruptcy proceedings. The report details the company's financial condition and operations during this period. Key figures include total assets of $300,952,445 and total liabilities of $1,402,476,778, resulting in a net loss of $36,301,118 for the reporting period. The company's cash balance at the end of the month stood at $171,063,085. The filing includes a cautionary note advising investors not to place undue reliance on the information due to its preliminary and unaudited nature.

QVC Group commenced voluntary Chapter 11 bankruptcy cases on April 16, 2026, and entered into a Restructuring Support Agreement to reorganize its capital structure, including approximately $6.6 billion in outstanding debt. The filing triggered an event of default and acceleration of debt obligations. Consequently, the company's stock was delisted from Nasdaq and downgraded on OTC Markets. For Q1 2026, the company reported a net loss of $40 million on $1,957 million in revenue, with substantial doubt about its ability to continue as a going concern.

QVC Group, Inc. filed an Amendment No. 1 on Form 10-K/A to its Annual Report on Form 10-K for the fiscal year ended December 31, 2025. This amendment primarily includes all required Part III information, amending and replacing Items 10 through 14, and adding certifications to Item 15. The filing details the company's directors, executive officers, corporate governance structure, and committee activities, but does not update or change any financial information.

QVC Group, Inc. filed an Amendment No. 1 on Form 10-K/A to its Annual Report for the fiscal year ended December 31, 2025. This amendment includes all required Part III information, specifically updating and replacing Items 10 through 14, which cover directors, executive officers, corporate governance, executive compensation, security ownership, related transactions, and accounting fees. Additionally, the filing adds required certifications from the principal executive and financial officers as exhibits to Item 15. The amendment does not alter any other financial information or disclosures from the original 2025 Form 10-K.

QVC Group, Inc. received a notice from Nasdaq stating its Series A common stock (QVCGA) and 8.0% Series A Cumulative Redeemable Preferred Stock (QVCGP) will be delisted. This decision follows the company's Chapter 11 bankruptcy filing, concerns regarding residual equity interest for existing holders, and the ability to maintain listing compliance. Trading of these securities is scheduled to be suspended at the opening of business on April 24, 2026.

QVC Group, Inc. has entered into a Restructuring Support Agreement with various stakeholders, including holders of its QVC Notes, LINTA Notes, and RCF Lenders. This agreement, signed on April 16, 2026, aims to support a comprehensive restructuring plan for the company's debt. The move signals the company's efforts to address its financial challenges and stabilize its capital structure.

QVC Group, Inc. has filed its annual report on Form 10-K for the fiscal year ended December 31, 2025. The company confirmed its status as a non-accelerated filer and indicated compliance with all required SEC filings over the preceding 12 months. As of June 30, 2025, the aggregate market value of its voting stock held by nonaffiliates was approximately $22 million.