Brief: Lucira Health Inc - Announced Today That It Has Filed For Protection Under Chapter 11 Of U.S. Bankruptcy Code

Lucira Health

22/02/2023 22:23

Feb 22 (Reuters) - Lucira Health Inc  LHDX.O :
    * LUCIRA HEALTH INC - ANNOUNCED TODAY THAT IT HAS FILED FOR
PROTECTION UNDER CHAPTER 11 OF U.S. BANKRUPTCY CODE
    * LUCIRA HEALTH INC - INTENDS TO PURSUE A SALE OF ITS
BUSINESS
UNDER SECTION 363 OF BANKRUPTCY CODE
    * LUCIRA HEALTH - EXPECTS TO CONTINUE OPERATIONS DURING
CHAPTER 11
PROCESS , SEEKS TO COMPLETE AN EXPEDITED SALE PROCESS WITH
BANKRUPTCY COURT APPROVAL
    * LUCIRA HEALTH INC - INTENDS TO USE AVAILABLE CASH ON HAND
TO
FUND POST-PETITION OPERATIONS AND COSTS IN ORDINARY COURSE

Source text for Eikon:  ID:nGNX2m819P 
Further company coverage:  LHDX.O 
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