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- Case filing & court posture: Desktop Metal, Inc. and 15 affiliated debtors filed chapter 11 on July 28, 2025 in the U.S. Bankruptcy Court for the Southern District of Texas (Houston Division), Case No. 25-90268. Dkt. 1 Judge Christopher M. Lopez presides. - Liquidity & financing path: The debtors funded operations through cash collateral only (no DIP facility). Dkt. 71 Interim cash collateral order was entered August 4, 2025. Dkt. 117 - Restructuring outcome: Foreign subsidiaries were sold to Anzu for $10 million on the petition date. Dkt. 13 The debtors pursued a liquidating plan, which was confirmed on September 30, 2025. Dkt. 408 - Plan effective date & post-confirmation: The plan became effective on September 30, 2025 (same day as confirmation). Dkt. 412 Province Fiduciary Services, LLC was appointed as Plan Administrator to administer the Administration Trust. - Current status: The case remains open post-effective date, with the Administration Trust winding down remaining assets and claims. No final decree has been entered.
Updated May 13, 2026
Chapter 11 Post-Confirmation Report for Quarter Ended 6/30/2026 (Filed By Amanda Swift ). (Attachments: # 1 Supplement)
Docket 536 · Aug 13, 2026
Final Decree Closing Certain of the Chapter 11 Cases and Granting Related Relief (Related Doc # 527). Signed on 7/1/2026.
Docket 530 · Jul 1, 2026
Certificate of No Objection (Filed By Province Fiduciary Services, LLC ).(Related document(s):527 Final Decree) (Attachments: # 1 Proposed Order)
Docket 529 · Jun 30, 2026
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