Austin health tech startup files for Chapter 7 bankruptcy

AUSTIN (Austin Business Journal) — Blood flow imaging company Dynamic Light Inc. last Tuesday filed for Chapter 7 bankruptcy in the U.S. Western District of Texas.As opposed to a Chapter 11 bankruptcy filing, which typically involves a company restructuring its operations and staying in business, a Chapter 7 bankruptcy filing sets the table for a company's assets to be liquidated and its operations to cease.Dynamic Light was founded in 2018, and its mission is “to enable real-time bl