柯达回应破产传闻

Core Viewpoint - Kodak has clarified that recent media reports suggesting the company is ceasing operations, terminating business, or filing for bankruptcy are inaccurate and reflect a fundamental misunderstanding of its recent SEC disclosures [4][5]. Group 1: Operational Status - Kodak has no plans to cease operations, terminate business, or file for bankruptcy protection [5]. - The company is confident in its ability to repay, extend, or refinance debts and preferred stock before or at maturity [5]. Group 2: Financial Position - Kodak expects to significantly strengthen its balance sheet after planned transactions are completed in early next year, aiming for nearly zero net debt [5]. - The company has $477 million in loans and $100 million in issued preferred stock, with a requirement to use approximately $300 million from expected asset sales to repay loans by December 2025 [9]. Group 3: Pension Plan - Kodak has been preparing to terminate its pension plan and anticipates receiving approximately $500 million in assets upon completion of the transaction by December 2025, including around $300 million in cash and $200 million in convertible investment assets [8]. Group 4: Business Viability - Kodak's operations are described as stable and self-sustaining, with only $3 million in cash used for growth investments in Q2 2025, showing significant improvement compared to Q1 [10]. - The company expresses confidence in fulfilling all obligations and maintains an optimistic outlook for the future [10].