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Debt Financing / Related, Divestitures / Spin-offs, Bankruptcy / Related

Fast Radius Commences Chapter 11 To Complete Its Marketing And Sale Process

Published: 11/08/2022 05:23 GMT
Fast Radius Inc - Ordinary Shares - Class A (FSRD) - Fast Radius Commences Chapter 11 to Complete Its Marketing and Sale Process.
Launching an In-court Process to Effectuate One Or More Strategic Transactions.
Has Filed Voluntary Petitions for Relief Under Chapter 11 of United States Bankruptcy Code in District of Delaware.
Co is in Active Discussions With One Or More Potential Partners and Continues to Explore and Evaluate Strategic Alternatives.
Co Has Requested That Court Establish Certain Sale and Marketing Procedures, Which Include a Proposed Bid Deadline of Dec 5, 2022.