In October, Beamable began a process to restructure under the Small Business Reorganization Act (SBRA). At a hearing at the United States Bankruptcy Court in Worcester, Massachusetts, Beamable’s plan of reorganization under the SBRA was confirmed by the court.
We are grateful for this outcome and for all of the participants who helped make it possible. In the coming weeks, we will share more information about Beamable’s expansion plans.