# ACCENDRA HEALTH INC/VA/ (ACH) — restructuring/exchange_offer [announced]
Source: SEC API (secapi.ai) · situation sit_1d66cf62f1a8f9f90d5a · retrieved 2026-08-14T01:44:57.544Z

## Overview
Accendra Health, Inc. is a Virginia-incorporated wholesale distributor of medical, dental and hospital equipment and supplies.

Accendra Health's board declared a dividend of one preferred share purchase right (Right) for each outstanding common share as of August 20, 2026 (Record Date). The company entered into a Section 382 Rights Agreement dated August 10, 2026 with Computershare Trust Company, N.A. as rights agent. Each Right entitles the holder to purchase one one-thousandth of a share of Series C Cumulative Preferred Stock at an initial exercise price of $15.00 per one one-thousandth of a Preferred Share, subject to adjustment. The plan is designed to preserve the company's net operating losses and other tax attributes by deterring any person or group from acquiring beneficial ownership of 4.9% or more of outstanding common shares, which would trigger an "ownership change" under Section 382 of the Internal Revenue Code and substantially limit the company's ability to use its NOLs and other tax attributes to offset future taxable income.

## Terms
- Counterparty: Computershare Trust Company, N.A. · Price/share: $15

## Key dates
- Announced 2026-08-10 · Record 2026-08-20 · Expiry 2029-08-10

## Timeline
- 2026-08-10 · 8-K (0001104659-26-093381): 8-K - ACCENDRA HEALTH INC/VA/ — *Accendra Health, Inc. is a Virginia-incorporated wholesale distributor of medical, dental and hospital equipment and supplies.* Accendra Health's board declared a dividend of one preferred share purchase right (Right) for each outstanding common share as of August 20, 2026 (Record Date). The company entered into a Section 382 Rights Agreement dated August 10, 2026 with Computershare Trust Company, N.A. as rights agent. Each Right entitles the holder to purchase one one-thousandth of a share of Series C Cumulative Preferred Stock at an initial exercise price of $15.00 per one one-thousandth of a Preferred Share, subject to adjustment. The plan is designed to preserve the company's net operating losses and other tax attributes by deterring any person or group from acquiring beneficial ownership of 4.9% or more of outstanding common shares, which would trigger an "ownership change" under Section 382 of the Internal Revenue Code and substantially limit the company's ability to use its NOLs and other tax attributes to offset future taxable income.
  https://www.sec.gov/Archives/edgar/data/75252/0001104659-26-093381.txt

## Citations
- 0001104659-26-093381 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000110465926093381