Ambri Creditors Ask Judge To Nix DIP, Ch. 11 Bid Plans

By Emlyn Cameron · June 6, 2024, 5:12 PM EDT

Ambri Inc.'s unsecured creditors asked a Delaware bankruptcy judge to deny the company's proposed funding package and asset sale plan and undo a $3.75 million debt rollup, saying the requests amount...

To view the full article, register now.
Try a seven day FREE Trial

Already a subscriber? Click here to login

Bankruptcy Scorecard

Summary

Massachusetts startup Ambri filed for bankruptcy with plans to sell its assets and shift focus from manufacturing to research and development of its liquid batteries with renewable energy applications.

Case Number

24-bk-10952

Judge

Laurie Selber Silverstein

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$50 million to $100 million

View Full Scorecard

Documents

Related Sections

Case Information

Case Title

Old Mbria Inc.

Case Number

1:24-bk-10952

Court

Delaware

Nature of Suit

Date Filed

May 05, 2024

Recent Articles By Emlyn