SEELOS THERAPEUTICS, INC.

  1. June 11, 2025

    Biopharm Co. Seelos Gets OK For Credit Bid In July Auction

    A New York bankruptcy judge on Wednesday gave biopharmaceutical company Seelos Therapeutics approval for a July asset auction with a $22 million baseline credit bid, over the objections of unsecured creditors who said they want to challenge that debt.

  2. November 19, 2024

    Catching Up With New Bankruptcy Case Action

    Spirit Airlines filed for Chapter 11 bankruptcy, citing $3.6 billion in funded debt and unveiling a preapproved restructuring plan to convert $795 million of debt into equity. Dormify, Cosmed Group and PetroQuest Energy also sought bankruptcy protection, largely due to litigation-related challenges. Meanwhile, companies like Swedish debt collector Intrum and heat sealing equipment manufacturer SWC Industries blamed their financial struggles on rising interest rates, inflation, and broader macroeconomic pressures.

  3. November 18, 2024

    Biopharm Co. Seelos Files For Ch. 11 After Nasdaq Delisting

    Publicly traded biopharmaceutical company Seelos Therapeutics Inc. sought Chapter 11 protection in New York on Saturday, citing between $10 million and $50 million in estimated liabilities.