MARLBOROUGH, Mass.--(BUSINESS WIRE)--Ambri, the provider of long-duration Liquid Metal™ battery storage systems, today confirmed the closing of the sale of its assets in accordance with Section 363 of the Bankruptcy Code to a consortium of its lenders (the "Lender Consortium"), on July 31, 2024. The Lender Consortium’s bid was selected following a competitive sale process. Earlier this year, Ambri’s board, management and its lenders determined that a court-supervised 363 sale process was the be...
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