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Filed Chapter 11

Codiak BioSciences, Inc. (CDAK) Create: Alert

All | News | Filings
Date FiledTypeDescription
03/27/2023 8-K Filed for Chapter 11
Docs: "UNITED STATES SECURITIES AND EXCHANGE COMMISSION",
"Codiak BioSciences to Pursue Asset Sale through Voluntary Chapter 11 Process CAMBRIDGE, Mass., March 27, 2023 — Codiak BioSciences, Inc. , a clinical-stage biopharmaceutical company pioneering the development of exosome-based therapeutics as a new class of medicines, today announced that the Company has voluntarily filed for protection under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware and will seek to pursue a sale process for its assets which is intended to maximize the value of the Company. The Company began a marketing process ahead of the Chapter 11 filing to determine the level of market interest and is in ongoing discussions with several parties. The Company expects to consummate a sale of the entire business or its core a..."

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