Pregnancy Tech Co. Nuvo Gets Interim OK For $10M DIP Loan

By Ben Zigterman · August 28, 2024, 6:39 PM EDT

A Delaware bankruptcy judge said Wednesday she would give interim approval to a $10 million debtor-in-possession financing package for Nuvo Group USA Inc., the maker of a remote pregnancy monitoring band...

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Bankruptcy Scorecard

Summary

The developer of remote pregnancy monitoring technology filed for Chapter 11 bankruptcy after an unsuccessful de-SPAC merger left it strapped for cash and unable to find new funding.

Case Number

24-bk-11880

Judge

Mary F. Walrath

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

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