💥New Chapter 11 Bankruptcy Filing - iM3NY LLC💥
Upstate NY giga-scale lithium-ion battery manufacturer runs out of juice (read: money).
On January 27, 2025, Endicott, NY-based iM3NY LLC and Imperium3 New York, Inc (collectively, the “debtors”) filed chapter 11 bankruptcy cases in the District of Delaware (Judge Shannon); they intended to be the first commercial U.S.-designed and developed “giga-scale” lithium-ion battery manufacturing company. Another western battery ma…