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NanoString Technologies Announces Chapter 11 Bankruptcy
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NanoString Technologies Announces Chapter 11 Bankruptcy

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The latest announcement is out from NanoString Technologies (NSTGQ).

NanoString Technologies, Inc. has voluntarily entered Chapter 11 bankruptcy, and while continuing operations, it cautions investors against relying on their March 2024 Monthly Operating Reports for investment decisions as these reports do not comply with GAAP and are subject to change. The company also warns that trading its securities is speculative and risky during the bankruptcy process. Future plans include asset sales under bankruptcy proceedings, but there’s no guarantee for equity holders to recover their investments. Investors are advised to monitor updates on the bankruptcy case through the designated website.

For an in-depth examination of NSTGQ stock, go to TipRanks’ Stock Analysis page.

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