Athersys, Inc., along with its four affiliates, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the Northern District of Ohio on January 5, 2024. The debtor listed its assets in the range of $1 million to $10 million and liabilities in the range of $10 million to $50 million. The debtor is represented by Nicholas M. Miller of McDonald Hopkins LLC as its legal counsel.