Diversified Botanics, Inc. has filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of Delaware. According to court records, the company listed between 100 and 199 creditors in its bankruptcy petition.
The largest unsecured creditors have claims tied to unpaid rent, state taxes, and other areas.
Note: Chapter 11 allows businesses to reorganize their debts while continuing operations under court supervision. A Chapter 11 filing does not necessarily mean that a business is closing. For additional information, readers are encouraged to contact the business directly.
Diversified Botanics, Inc. Files for Chapter 11
The Draper, Utah-based company, which provides botanical wellness products, submitted its petition on October 7. Court records, as shown on PACER, show that Diversified Botanics, Inc. has listed between 100 and 199 creditors in the petition.
Out of all creditors, the company has further placed the largest unsecured creditors under one list. Some of them are The Gibson Law Firm, Georgia Department of Revenue, Alfa Laval Inc., and Utah State Tax Commission.
As shown in the records, the sum of these unsecured claims is more than $1 million. The claims are associated with federal taxes, unpaid rent, trade debt, sales taxes, staffing, settlement, and legal services.
About the Company
Diversified Botanics, Inc. is known for developing and manufacturing plant-based wellness products. Founded in 2012 by Shawn Brady and Dalton Locke, the company focuses on scientific research, product formulation, and quality control. The company manages production and packaging processes at a 200,000-square-foot manufacturing campus in Draper.
Its website mentions MIT45, Golden Monk, I Am Uprising, and KRI among the company portfolio. The website adds that the company’s facilities are licensed and certified under current Good Manufacturing Practices (cGMP). Its quality assurance processes include testing ingredients and finished products for microbiological contaminants, water activity, heavy metals, and mold.
Case Related Details
Court records show that Ryan Niddel, the company’s CEO, signed the petition before it was filed.
Attorney R. Grant Dick IV of Cooch and Taylor P.A. is representing Diversified Botanics, Inc. in the court.
The list of equity security holders shows that Diversified Botanics Holdings, Inc. holds 100% ownership in the company.
A summary of the Chapter 11 petition is shared here:
- Filing Date: October 7, 2026
- Court and Jurisdiction: U.S. Bankruptcy Court for the District of Delaware
- Type of Filing: Active, Voluntary Petition
- Chapter: 11
- Case Number: 26-11589-TMH
- Estimated Assets: Between $1,000,001 and $10 million
- Estimated Liabilities: Between $1,000,001 and $10 million
- Estimated Creditors: Between 100 and 199
The upcoming court proceedings are expected to be instrumental in how Diversified Botanics, Inc. handles its creditor obligations and sustains its financial position.
