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Published on 11/12/2009 in the Prospect News Distressed Debt Daily.

Spansion reports $1.53 million net loss for Aug. 24 to Sept. 27

By Alice Popovici

New York, Nov. 12 - Spansion, Inc. posted a $1.53 million net loss for the period of Aug. 24 to Sept. 27 on zero revenues, according to a Thursday filing with the U.S. Bankruptcy Court for the District of Delaware.

In comparison, the company reported a $267,542 net loss for the one-month period ended Aug. 23, also on zero revenues.

The company did not list any cash and cash equivalents.

Spansion, a Sunnyvale, Calif.-based maker of flash memory products, filed for bankruptcy on March 1, 2009. Its Chapter 11 case number is 09-10690.


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