Biolase Strikes Deal With Creditors For Sale, Final DIP

By Clara Geoghegan · November 12, 2024, 6:58 PM EST

A Delaware bankruptcy judge agreed Tuesday to approve a $20 million sale and a final debtor-in-possession loan for dental technology maker Biolase Inc., which reported it worked out a deal and...

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Bankruptcy Scorecard

Summary

A California-based maker of dental lasers filed for Chapter 11 with plans to sell itself after several years of heavy losses.

Case Number

24-bk-12245

Judge

Karen Owens

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$33 million

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Related Sections

Case Information

Case Title

Biolase, Inc.

Case Number

1:24-bk-12245

Court

Delaware

Nature of Suit

Date Filed

October 01, 2024

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