---
schema_version: "secwatch.filing_event.v1"
accession: "0001401708-24-000012"
form_type: "8-K"
ticker: null
cik: "0001401708"
company_name: "NS Wind Down Co., Inc."
filed_at: "2024-02-05T23:59:59+00:00"
generated_at: "2026-06-06T09:01:41.592329+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# NanoString files Chapter 11 after $40M DIP financing from lenders; patent litigation with 10x triggers filing

## Summary
- Voluntary Chapter 11 filing in Delaware; business to continue as debtor-in-possession.
- Agreement in principle for at least $40M in DIP financing from existing lenders.
- Filing triggered by November 2023 GeoMx patent trial loss and large jury damages award to 10x Genomics.
- Company evaluating multiple preliminary indications of interest for potential sale of assets or product lines.
- Will continue to serve over 1,500 installed nCounter, GeoMx DSP, and CosMx SMI platforms.

## SEC filing metadata
- accession: 0001401708-24-000012
- form_type: 8-K
- cik: 0001401708
- company_name: NS Wind Down Co., Inc.
- filed_at: 2024-02-05T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.03, 2.04, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1401708/000140170824000012/0001401708-24-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1401708/000140170824000012/nstg-20240204.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001401708-24-000012
- JSON: https://secwatch.observer/filing/0001401708-24-000012.json
- Plain text: https://secwatch.observer/filing/0001401708-24-000012.txt

## Key facts
- Debt Financings
  NS Wind Down Co., Inc. faced acceleration on convertible notes with U.S. Bank Trust Company, National Association at 2.625% maturing March 1, 2025.
  - Instrument: convertible notes
  - Counterparty: U.S. Bank Trust Company, National Association
  - Rate: 2.625%
  - Maturity: March 1, 2025
  - Event: acceleration
  source text: The filing of the Bankruptcy Petitions described in Item 1.03 above constitutes an event of default that accelerated the Company’s obligations under the following debt instruments (the “Debt Instruments”): • Indenture, dated as of March 9, 2023, by and among the Company and U.S. Bank Trust Company, National Association (as successor in interest to U.S. Bank National Association), as Trustee, governing the 2.625% Convertible Senior Notes which mature on March 1, 2025
  evidence_url: https://www.sec.gov/Archives/edgar/data/1401708/000140170824000012/0001401708-24-000012-index.htm
- Debt Financings
  NS Wind Down Co., Inc. faced acceleration on senior notes with U.S. Bank Trust Company, National Association at 6.95% maturing 2026.
  - Instrument: senior notes
  - Counterparty: U.S. Bank Trust Company, National Association
  - Rate: 6.95%
  - Maturity: 2026
  - Event: acceleration
  source text: • Indenture, dated as of November 7, 2023, by and among the Company, as issuer, the guarantor parties thereto, and U.S. Bank Trust Company, National Association, as trustee and collateral agent, governing the 6.95% Senior Secured Notes due 2026
  evidence_url: https://www.sec.gov/Archives/edgar/data/1401708/000140170824000012/0001401708-24-000012-index.htm
- Distress & Bankruptcy
  NS Wind Down Co., Inc. entered chapter 11 in United States Bankruptcy Court for the District of Delaware (petition 2024-02-04).
  - Proceeding: chapter 11
  - Court: United States Bankruptcy Court for the District of Delaware
  - Petition: 2024-02-04
  source text: On February 4, 2024, NanoString Technologies, Inc. (the “Company”), NanoString Technologies International, Inc., NanoString Technologies Germany GmbH and NanoString Netherlands B.V. (collectively with the Company, the “Debtors”) filed voluntary petitions for relief (the “Bankruptcy Petitions”) under chapter 11 of title 11 of the United States Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the District of Delaware (such court, the “Court” and such cases, the “Cases”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1401708/000140170824000012/0001401708-24-000012-index.htm

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