NanoString Technologies Inc (fka NSTGQ)

[mrholty]

This is interesting. As of the initial filing this seemed like a probably $1/share as Liabilities were $340M but this shows considerably more.
The $25M of secured debt & the $273m of unsecured debt seems really high and honestly makes little sense imo. Their Q3 filing shows their debt of $230M that they refinance in November for no change in principle but added warrants at no cost. (somebody please check to make sure I'm reading this correct. This seems stupid from the companies side as the market was already pricing in bankruptcy so why give this away.)
The only other item in the unsecured debt should be $43M that was related to the $31M X10 lawsuit (assume the differnce is legal fees for both sides). That means debt (secured and unsecured should be ($230+ 43) = $275 not $298M and then if you are going to count the $94M in liabilities why wouldn't the estate keep the assets