Rockley Photonics Holdings Limited filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the Southern District of New York on January 23, 2023. The debtor listed its assets in the range of $50 million to $100 million and liabilities in the range of $100 million to $500 million. The debtor is represented by Dania Slim of Pillsbury Winthrop Shaw Pittman LLP and Walkers as its legal counsels.

Christopher Barnet Kennedy and Alexander Lawson as Joint Restructuring Officers. Jefferies Financial Group Inc. is appointed as the investment banker, Alvarez & Marsal, LLC as the financial advisor and Kroll, LLC, as notice, claims, and balloting agent and as administrative advisor.