Eastman Kodak denies reports that they are closed.
On Wednesday, like the media like CNN and CNBC Detailing the company’s continuous financial challenges, including the statements made in its profit report, which have warned investors that they had not had “financing or available liquidity” to meet the upcoming debt obligations within 12 months.
However, Kodak has published quickly a press release To counter these claims, noting that “there are no plans to stop operations” or a file to protect bankruptcy. Instead, she claims to have plans to “pay, extend or re -fund” its debts before the date of entitlement and expects to have a stronger public budget by early next year.
The company also provided an explanation of its financial data, noting that it will use $ 300 million in cash received in December 2025 to finish the pension plan to address a large part of its debt of $ 477 million. After that, the debts of $ 177 million and another $ 100 million in favorite stocks will be treated.
Despite these clarifications on modern issues, the 133 -year -old company has struggled regularly with financing with film sales of digital technology. Kodak It was previously presented for bankruptcy In 2012, in recent years, however, some Gen Z users I embraced Old technologyHe loves Cameras built and Stupid phonesAs a way to take advantage of nostalgia to a time they could not try it.
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