IronNet : Bankruptcy - Form 8-K

Item 1.03

Bankruptcy or Receivership.

Chapter 11 Filing

On October 12, 2023 (the "Petition Date"), IronNet, Inc. (the "Company") and its subsidiary, IronNet Cybersecurity, Inc. (collectively, the "Debtors"), filed voluntary petitions (the "Bankruptcy Petitions") for reorganization under Chapter 11 of the United States Bankruptcy Code (the "Bankruptcy Code") in the United States Bankruptcy Court for the District of Delaware (such court, the "Bankruptcy Court" and such cases, the "Cases"). The Debtors expect to continue to operate their businesses as "debtors-in-possession"under the jurisdiction of the Bankruptcy Court and in accordance with the applicable provisions of the Bankruptcy Code and orders of the Bankruptcy Court. To ensure their ability to continue operating in the ordinary course of business, the Debtors plan to file motions seeking customary "first-day"relief with the Bankruptcy Court, including, among other things, authority to use cash collateral, pay employee wages and benefits and pay other vendors and suppliers in the ordinary course for all services provided after the Petition Date. The Debtors also plan to file a motion seeking approval and authorization for the Debtors to enter a reinstatement agreement with Amazon Web Services, Inc. in order to reinstate and reactive the cloud computing services provided by Amazon Web Services, Inc. These motions remain subject to approval by the Bankruptcy Court.