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Published on 7/21/2023 in the Prospect News Distressed Debt Daily.

ViewRay receives interim approval to access cash collateral

By Sarah Lizee

Olympia, Wash., July 21 – ViewRay, Inc. received interim approval to access cash collateral, according to an order filed Friday with the U.S. Bankruptcy Court for the District of Delaware, according to a press release.

MidCap Financial Services, LLC units have an interest in the collateral.

Denver-based ViewRay designs, manufactures and markets MRIdian, a magnetic resonance image-guided radiation therapy system to simultaneously image and treat cancer patients. The company filed Chapter 11 bankruptcy on July 16 under case number 23-10935.


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