July 17 (Reuters) - ViewRay Inc :
* VIEWRAY® FILES VOLUNTARY CHAPTER 11 PETITIONS
* VIEWRAY INC- DEBTOR-IN-POSSESSION FINANCING SECURED TO SUPPORT ONGOING OPERATIONS AND CHAPTER 11 PROCESS
* VIEWRAY INC- INTENDS TO PURSUE A SALE OF ITS BUSINESS UNDER SECTION 363 OF BANKRUPTCY CODE, INCLUDING A SALE OF ALL OR A PORTION OF COMPANY'S ASSETS,
* VIEWRAY INC- RECEIVED A COMMITMENT OF APPROXIMATELY $6 MILLION IN DEBTOR-IN-POSSESSION FINANCING FROM MIDCAP FINANCIAL SERVICES, LLC.
* VIEWRAY INC - APPOINTED PAUL ZIEGLER AS CHIEF EXECUTIVE OFFICER OF COMPANY, EFFECTIVE JULY 15
* VIEWRAY INC- IS STRATEGICALLY MANAGING INVENTORY TO MAINTAIN MRIDIAN MRI-GUIDED RADIATION THERAPY SYSTEMS AT CUSTOMER SITES ACROSS GLOBE.
* VIEWRAY INC - BOARD ALSO DECREASED SIZE OF BOARD FROM NINE TO SEVEN DIRECTORS
* VIEWRAY INC- EXPECTS THIS FINANCING TO PROVIDE NECESSARY LIQUIDITY TO SUPPORT OPERATIONS DURING CHAPTER 11 PROCESS.
* VIEWRAY INC - RECEIVED A COMMITMENT OF ABOUT $6 MILLION IN DEBTOR-IN-POSSESSION FINANCING FROM MIDCAP FINANCIAL SERVICES
* VIEWRAY INC - FOLLOWING COURT APPROVAL, EXPECTS THIS FINANCING TO PROVIDE NECESSARY LIQUIDITY TO SUPPORT OPERATIONS DURING CHAPTER 11 PROCESS
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