Brief: Xenonics files Chapter 7 bankruptcy
11/03/2016 17:41
March 11 (Reuters) - Xenonics Holdings Inc XNNH.PK : * Files chapter 7 bankruptcy * Says was severely impacted by reductions in U.S. defense budget and delays in obtaining purchase orders * Says without purchase orders, the company does not have enough working capital to continue operations * Source text for Eikon ID:nBw2XH8F8a * Further company coverage XNNH.PK ((Bengaluru Newsroom; +1 646 223 8780))