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Leslie's files Chapter 11 plan and disclosure statement after Nasdaq delisting
LESLLeslie's, Inc.
Leslie’s, Inc. filed a Joint Plan of Reorganization and accompanying Disclosure Statement with the U.S. Bankruptcy Court for the Southern District of Texas on October 20, 2026. The filing follows voluntary Chapter 11 petitions initiated by Leslie's and its subsidiaries on September 30, 2026, to implement a pre-arranged restructuring supported by consenting term loan lenders. Concurrently, Nasdaq notified the company of delisting due to bid price non-compliance and bankruptcy commencement, leading to trading suspension on October 6, 2026, and transfer to the Pink Limited Market under symbol “LESLQ.” The company warns that equity holders may face significant losses if the plan is confirmed. Leslie's operates as a retailer of swimming pool supplies, equipment, and related accessories.