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         T R O U B L E D   C O M P A N Y   R E P O R T E R

              Saturday, January 11, 2025, Vol. 29, No. 10

                            Headlines

GRITSTONE BIO: Incurs $12.96 Million Net Loss in October

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GRITSTONE BIO: Incurs $12.96 Million Net Loss in October
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Gritstone bio Inc. filed with the U.S. Securities and Exchange
Commission its monthly operating report for October.

The Debtor's statement of operations reflected a net loss of $12.96
million for October

As of October 31, 2024, the Debtor listed $99.55 million in total
assets, $47.55 million in total liabilities, and $52 million in
total shareholders' equity.

The Debtor started the month with $22.99 million cash. It listed
total cash receipts of $22,373 and total disbursements of $4.81
million. At month end, the Debtor had $18.19 million cash.

A copy of the monthly operating report is available at the SEC at:

               https://tinyurl.com/3942sxu2

                About Gritstone bio Inc.

Gritstone bio is developing next-generation vaccines for cancer and
infectious disease. Gritstone's approach seeks to generate potent
and durable immune responses by leveraging insights into the immune
system's ability to recognize and destroy diseased cells by
targeting select antigens.

Gritstone bio Inc. sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. Del. Case No. 24-12305) on October 10,
2024. In the petition filed by Celia Economides, chief financial
officer, the Debtor reports total assets as of August 31, 2024
amounting to $124,885,479 and total debts as of August 31, 2024
amounting to $40,000,000.

The Honorable Bankruptcy Judge Karen B. Owens handles the case.

The Debtor tapped Pachulski Stang Ziehl & Jones LLP as bankruptcy
counsel; Pricewaterhousecoopers LLP as financial advisor; and
Raymond James & Associates, Inc., as investment banker. Fenwick &
West LLP is the corporate counsel.


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S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Philadelphia, Pa., USA.
Randy Antoni, Jhonas Dampog, Marites Claro, Joy Agravante,
Rousel Elaine Tumanda, Joel Anthony G. Lopez, Psyche A. Castillon,
Ivy B. Magdadaro, Carlo Fernandez, Christopher G. Patalinghug, and
Peter A. Chapman, Editors.

Copyright 2025.  All rights reserved.  ISSN: 1520-9474.

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