Eastman Kodak(US:KODK) Feng Huang Wang·2025-08-12 23:42Core Viewpoint - Kodak, a 133-year-old imaging company, is warning investors about its potential inability to continue operations due to financial difficulties, including a $500 million debt obligation and concerns over its ongoing viability [1][1][1] Financial Situation - Kodak filed for Chapter 11 bankruptcy protection in 2012 and has been struggling financially since then [1] - The company has indicated it lacks sufficient funds to repay approximately $500 million in upcoming debt [1][1] - Kodak plans to raise funds by halting pension payments [1] Business Operations - The company temporarily suspended film production to upgrade its factories in response to demand growth [1] - Kodak's CEO stated that despite the uncertain business environment, the company is making progress on its long-term plans [1] Market Reaction - Kodak's stock price plummeted over 25% during intraday trading, closing down 19.91% on the day [1][1]