ViewRay, Inc., along with its affiliate, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the District of Delaware on July 16, 2023. The debtor listed both its assets and liabilities in the range of $779.46 million to $64.63 million. The debtor is represented by Ian J Bambrick, Jaclyn C Marasco of Faegre Drinker Biddle & Reath LLP and Cravath, Swaine & Moore LLP as its legal counsels.

The debtor also hired Berkeley Research Group, LLC as its restructuring advisor, B. Riley Securities, Inc. as its investment banker and Stretto, Inc. as its administrative agent.