Dax International Brokers, Inc. has filed for bankruptcy. The wholesale supplier of home improvement products has made this move after nearly 18 years of operations across 7 showrooms in Florida.
Case filings show that the company currently faces a notable gap between its assets and liabilities.
Dax International Brokers, Inc. Files for Bankruptcy
Dax International Brokers, Inc offers a range of tiles, kitchen, and bathroom products, made a Chapter 11 filing on April 22, 2026. Case records are currently available on PacerMonitor.
As of now, several filings have already been made, with attorney Nicholas G. Rossoletti represents the company.
The process is currently being handled in the U.S. Bankruptcy Court for the Southern District of Florida.
Case Filings Show Financial Imbalance
The Chapter 11 petition shows that the Florida-based company has its liabilities in the estimated range of $1,000,001 to $10 million. By contrast, the assets are just between $500,001 and $1 million.
Dax International Brokers, Inc. is seeking to reorganize due to this difference and get back to its financial position.
Key Details from the Filing
Filing details, which are also available on the PACER database, state that the company has already submitted a corporate ownership statement.
Another notable part of the petition is that the court addressed the company as a ‘debtor-in-possession’ in its order for continuing business operations, closing pre-petition bank accounts, and opening debtor-in-possession accounts. This indicates that Dax International Brokers, Inc. still has control over its assets.
According to the case filings on PacerMonitor, the company has a deadline of May 6, 2026 to submit crucial documents, including a list of equity security holders and a summary of assets and liabilities. A statement of financial affairs has the same due date.
A meeting of creditors is scheduled for the company on May 29, 2026. The proofs of claim in the case can be made by July 1, 2026.
A snapshot of the Chapter 11 petition is provided here:
- Filing Date: April 22, 2026
- Court and Jurisdiction: U.S. Bankruptcy Court for the Southern District of Florida
- Type of Filing: Active, Voluntary Petition
- Chapter: 11
- Case Number: 1:26-bk-15092
- Estimated Assets: Between $500,001 and $1 million
- Estimated Liabilities: Between $1,000,001 and $10 million
- Estimated Creditors: Between 1 and 49
- Reason for Filing: Restructure business under court supervision
About the Company
As a wholesale supplier, Dax International Brokers, Inc. serves kitchen and bath companies, interior decorators, contractors, other wholesalers, and designers. The company serves customers across North, Central, and South America. According to its website, the company also serves customers in the Caribbean.
Founded by Alejandro Randazzo and Diego Capurro in 2008, the company operates seven retail showrooms and more than 120,000 square feet of facilities. It also offers a catalog of more than 4,000 SKUs.
The company has not revealed any details related to the Chapter 11 process on its website or social media. Daily operations are expected to continue as normal while key case deadlines approach.
