BRIEF-Cue Health To Pursue Wind Down Of The Business

Reuters05-29

Cue Health Inc :

* CUE HEALTH TO PURSUE WIND DOWN OF THE BUSINESS

* CUE HEALTH INC - FILED VOLUNTARY PETITIONS UNDER CHAPTER 7 OF U.S. BANKRUPTCY CODE IN DISTRICT OF DELAWARE

* CUE HEALTH INC: IS IN BEST INTEREST OF COMPANY AND ITS STAKEHOLDERS TO FILE FOR CHAPTER 7 RELIEF

* CUE HEALTH - BANKRUPTCY TRUSTEE WILL BE APPOINTED SHORTLY TO GATHER AND SELL COMPANY'S ASSETS AND USE PROCEEDS TO PAY CREDITORS

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