Biolase (BIOL) Files Voluntary Chapter 11
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BIOLASE Voluntarily Initiates Chapter 11 Proceedings
October 1, 2024 4:07 PM UTCLAKE FOREST, CA / ACCESSWIRE / October 1, 2024 / BIOLASE, Inc. (NASDAQ: BIOL) (the "Company"), a global leader in dental lasers, today announced that the Company and its direct domestic subsidiaries have voluntarily initiated Chapter 11 proceedings (the "Bankruptcy Petitions") in the United States Bankruptcy Court for the District of Delaware (the "Court"). BIOLASE will seek Court approval to continue operating during the proceedings and remains focused on providing its customers with its award-winning dental lasers and customer service.
The Company also announced today that it is pursuing a sale process under... More
