secwatch.observer — SEC 8-K summary
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Issuer:     NS Wind Down Co., Inc. (—)
CIK:        0001401708
Form:       8-K
Filed at:   2024-02-08T23:59:59+00:00
Accession:  0001401708-24-000019
Event type: other_material
Sentiment:  negative
Materiality: 0.95
Item codes: 1.01, 2.03, 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NanoString enters $142.5M DIP financing, receives Nasdaq delisting notice
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- DIP facility: $47.5M new money ($12.5M interim, $35M final) plus $95M roll-up of prepetition notes.
- Nasdaq determined stock will be delisted; trading suspended Feb 14, moves to OTC under NSTGQ.
- Proceeds may fund asset sale including nCounter, CosMx, GeoMx product lines or IP litigation.
- Company will not appeal delisting; common stock expected to trade OTC from Feb 14, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1401708/000140170824000019/0001401708-24-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1401708/000140170824000019/nstg-20240205.htm
  HTML page:      https://secwatch.observer/filing/0001401708-24-000019

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