Diebold Nixdorf, Incorporated is heading towards bankruptcy, as of May 30, 2023. Company is expected to file a Chapter 11 bankruptcy petition within the next couple of days in the U.S. Bankruptcy Court for the Southern District of Texas as it nears upon agreed terms in the restructuring agreement. The company is heading towards a bankruptcy proceeding under Chapter 11 and is expected to file for bankruptcy no later than June 1, 2023, in accordance with the restructuring support agreement.