Sleep Apnea Co. Hits Ch. 11 Over $41.5M In Debt, Cash Woes

By Emlyn Cameron (May 8, 2024, 12:27 PM EDT) -- California-based ProSomnus, which produces devices to prevent sleep apnea, said a balance sheet heavy with more than $41.5 million in debt and difficulty in funding its continued operations forced it to file for Chapter 11 protections in Delaware....

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