Biora Therapeutics, Inc. filed an Stalking Horse Asset Purchase Agreement in the US Bankruptcy Court for the sale of its substantially all its assets on January 17, 2025. As per the agreement dated January 17, 2025, seeks the Court?s approval for the sale of its substantially all its assets to BT BidCo LLC the stalking horse bidder for a purchase price of $30 million in cash. The buyer is represented by Jonathan Levine and Lucas Barrett of McDermott Will and Emery LLP as its legal advisors and the debtor is represented by Gregg Galardi; Ellen Wheeler of Ropes & Gray LLP as its legal advisors.