Sientra, Inc. (NASDAQ: SIEN) (“Sientra” or the “Company”), a surgical aesthetics company developing and commercializing safe and innovative solutions for the best aesthetic outcomes, announced that it filed for Chapter 11 protection in the United States Bankruptcy Court for the District of Delaware on February 12, 2024. 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. The Company seeks to execute an expedited sale process.
Read the full article: Sientra to Pursue Strategic Sale of Its Business through Voluntary Chapter 11 Process //
Source: https://www.globenewswire.com/news-release/2024/02/13/2828253/33599/en/Sientra-to-Pursue-Strategic-Sale-of-its-Business-Through-Voluntary-Chapter-11-Process.html