BRIEF-Accelerate Diagnostics files for Chapter 11 bankruptcy

Reuters05-08
BRIEF-<a href="https://laohu8.com/S/AXDX">Accelerate Diagnostics</a> files for Chapter 11 bankruptcy

May 8 (Reuters) - Accelerate ceo says the company plans a sale of assets through a court-supervised auction, has a stalking-horse bidder, and hopes to close within 90 days, court records show

Accelerate diagnostics files for chapter 11 bankruptcy protection in delaware, court records show

Accelerate says it had $28.6 million assets, $84.6 million debts as of december 31, 2024

Accelerate says it has faced headwinds including the covid-19 pandemic, regulatory headwinds, too much debt, unfavorable capital markets, and competition

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment