---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-113256"
form_type: "8-K"
ticker: null
cik: "0001580063"
company_name: "BIORA THERAPEUTICS, INC."
filed_at: "2024-12-30T23:59:59+00:00"
generated_at: "2026-05-28T22:45:21.211672+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Biora Therapeutics files Chapter 11 bankruptcy, secures DIP financing up to $10.25M

## Summary
- Filed Chapter 11 on Dec 27, 2024; seeks sale of assets via court-supervised process.
- Secured up to $10.25M new DIP financing; total DIP commitment $46.125M (inc. roll-up).
- Lenders agreed to serve as stalking horse bidder; sale process milestones set for Q1 2025.
- Company warns equity holders face significant or complete loss on investment.

## SEC filing metadata
- accession: 0001213900-24-113256
- form_type: 8-K
- cik: 0001580063
- company_name: BIORA THERAPEUTICS, INC.
- filed_at: 2024-12-30T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.01, 1.03, 2.04, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1580063/000121390024113256/0001213900-24-113256-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1580063/000121390024113256/ea0226262-8k_biora.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-113256
- JSON: https://secwatch.observer/filing/0001213900-24-113256.json
- Plain text: https://secwatch.observer/filing/0001213900-24-113256.txt

## Key facts
- Distress & Bankruptcy
  BIORA THERAPEUTICS, INC. entered chapter 11 in Bankruptcy Court for the District of Delaware (petition 2024-12-27).
  - Proceeding: chapter 11
  - Court: Bankruptcy Court for the District of Delaware
  - Petition: 2024-12-27
  source text: On December 27, 2024, Biora Therapeutics, Inc. (the “Company” or the “Debtor”) filed a voluntary petition (the “Chapter 11 Case”) for relief under Chapter 11 of the United States Bankruptcy Code (the “Bankruptcy Code”) with the Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1580063/000121390024113256/0001213900-24-113256-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.