Akoustis Technologies Delays Financial Reporting Amid Chapter 11 Bankruptcy Proceedings

Reuters
May 16, 2025
Akoustis Technologies Delays Financial Reporting Amid Chapter 11 Bankruptcy Proceedings

Akoustis Technologies Inc., now known as ATech (Parent) Resolution Corp., announced a delay in filing its Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2025. The delay is attributed to significant adverse business developments and liquidity issues following the company's voluntary Chapter 11 bankruptcy petitions filed on December 16, 2024. The company cited that filing within the prescribed time period would require unreasonable effort and expense.

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