secwatch.observer — SEC 8-K summary
======================================

Issuer:     Fast Radius, Inc. (—)
CIK:        0001832351
Form:       8-K
Filed at:   2022-12-19T23:59:59+00:00
Accession:  0001193125-22-307631
Event type: m_and_a
Sentiment:  negative
Materiality: 0.90
Item codes: 2.01, 1.01, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fast Radius completes asset sale to SyBridge; no proceeds for common stock
--------------------------------------------------------------------------

- Asset sale to SyBridge Digital Solutions LLC completed Dec 16, 2022 under Section 363 of U.S. Bankruptcy Code.
- Bankruptcy Court approved sale Dec 12, 2022; purchase agreement dated Dec 8, 2022.
- No proceeds for common stockholders after superpriority and secured lenders are paid.
- Company changed name to Legacy FSRD, Inc. on Dec 16, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1832351/000119312522307631/0001193125-22-307631-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1832351/000119312522307631/d247830d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-307631

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer