8-K
filed July 3, 2024, 7:59 PM ET
CIK 0001784851
other material
confidence high
sentiment negative
materiality 1.00
Shapeways Holdings, Inc.: going-concern / distress — Shapeways files Chapter 7 bankruptcy, ceases all operations; executives and board resign
Shapeways Holdings, Inc.
- Filed voluntary Chapter 7 petition on July 2, 2024 in Delaware Bankruptcy Court; company ceased operations.
- All subsidiaries also filed Chapter 7; a trustee will liquidate assets.
- Bankruptcy triggered default on $669,500 secured promissory note with 3DP Custom Manufacture, LLC.
- CEO Greg Kress, CFO Alberto Recchi, COO Andy Nied resigned as executive officers.
- Entire board of directors resigned; no officers or employees remain.
Key facts
Extracted from this filing and checked against the source text.
Distress & Bankruptcy
SEC 8-K Item 1.03
confidence 0.9
Shapeways Holdings, Inc. entered chapter 7 in United States Bankruptcy Court for the District of Delaware (petition 2024-07-02).
- Proceeding
- chapter 7
- Court
- United States Bankruptcy Court for the District of Delaware
- Petition
- 2024-07-02
Exact text from the filing
On July 2, 2024, after considering all strategic alternatives, Shapeways Holdings, Inc. (the “Company”) ceased operations and filed a voluntary petition for relief (the “Bankruptcy Filing”) under the provisions of Chapter 7 of Title 11 of the United States Code, 11 U.S.C. §101 et seq. (the “Bankruptcy Code”).
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Josh Wolfe resigned as Director at Shapeways Holdings, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
Concurrent with the Bankruptcy Filing, directors Leslie C.G. Campbell, Raj Batra, Ryan Kearny, Greg Kress, Christine Gorjanc, Alberto Recchi and Josh Wolfe tendered their resignations as members of the Company’s board of directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Alberto Recchi resigned as Chief Financial Officer at Shapeways Holdings, Inc..
- Action
- resigned
- Role
- Chief Financial Officer
Exact text from the filing
Concurrent with the Bankruptcy Filing, Greg Kress, the Company’s chief executive officer, Alberto Recchi, the Company’s chief financial officer, and Andy Nied, the Company’s chief operating officer, resigned as executive officers of the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Raj Batra resigned as Director at Shapeways Holdings, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
Concurrent with the Bankruptcy Filing, directors Leslie C.G. Campbell, Raj Batra, Ryan Kearny, Greg Kress, Christine Gorjanc, Alberto Recchi and Josh Wolfe tendered their resignations as members of the Company’s board of directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Christine Gorjanc resigned as Director at Shapeways Holdings, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
Concurrent with the Bankruptcy Filing, directors Leslie C.G. Campbell, Raj Batra, Ryan Kearny, Greg Kress, Christine Gorjanc, Alberto Recchi and Josh Wolfe tendered their resignations as members of the Company’s board of directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Ryan Kearny resigned as Director at Shapeways Holdings, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
Concurrent with the Bankruptcy Filing, directors Leslie C.G. Campbell, Raj Batra, Ryan Kearny, Greg Kress, Christine Gorjanc, Alberto Recchi and Josh Wolfe tendered their resignations as members of the Company’s board of directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Leslie C.G. Campbell resigned as Director at Shapeways Holdings, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
Concurrent with the Bankruptcy Filing, directors Leslie C.G. Campbell, Raj Batra, Ryan Kearny, Greg Kress, Christine Gorjanc, Alberto Recchi and Josh Wolfe tendered their resignations as members of the Company’s board of directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Greg Kress resigned as Chief Executive Officer at Shapeways Holdings, Inc..
- Action
- resigned
- Role
- Chief Executive Officer
Exact text from the filing
Concurrent with the Bankruptcy Filing, Greg Kress, the Company’s chief executive officer, Alberto Recchi, the Company’s chief financial officer, and Andy Nied, the Company’s chief operating officer, resigned as executive officers of the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Andy Nied resigned as Chief Operating Officer at Shapeways Holdings, Inc..
- Action
- resigned
- Role
- Chief Operating Officer
Exact text from the filing
Concurrent with the Bankruptcy Filing, Greg Kress, the Company’s chief executive officer, Alberto Recchi, the Company’s chief financial officer, and Andy Nied, the Company’s chief operating officer, resigned as executive officers of the Company.
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.