Lucira Health (LHDX) Files Voluntary Chapter 11

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Go back to Lucira Health (LHDX) Files Voluntary Chapter 11

Lucira Health to Pursue Strategic Sale of its Business Through Voluntary Chapter 11 Process

February 22, 2023 5:15 PM EST

EMERYVILLE, Calif., Feb. 22, 2023 (GLOBE NEWSWIRE) -- Lucira Health, Inc. (Nasdaq: LHDX) (Lucira Health, Lucira or the Company), a medical technology company, announced today that it has filed for protection under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. The Company further disclosed that it intends to pursue a sale of its business under Section 363 of the Bankruptcy Code, while continuing to support its customers during the Chapter 11 process.

Lucira Health grew rapidly over the past several years as the COVID-19 pandemic spread... More