According to documents filed with the US Securities and Exchange Commission (SEC), the bankruptcy court has approved the interim debtor-in-possession (DIP) financing order for Sleep Number Corporation on June 15, 2026.

This ruling marks a critical step for the mattress manufacturer in its bankruptcy restructuring process, enabling it to obtain urgent funds needed to maintain operations. DIP financing is typically designed to provide financially troubled companies with breathing space so they can undergo restructuring under court supervision. Market observers will closely monitor the impact of this move on Sleep Number's future business trajectory. After obtaining approval for financing, the company is expected to implement its established restructuring plan, aiming to stabilize its financial situation and create value for creditors.