On June 28, 2013, B456 Systems, Inc. went out of business as per its Chapter 11 liquidation filing under bankruptcy. B456 Systems, Inc. has completed the sale of substantially all of its assets to Wanxiang America Corporation and Navitas Systems LLC that was approved by the United States Bankruptcy Court for the District of Delaware. Previously, it was engaged in the design, development, manufacture, and sale of rechargeable lithium-ion batteries and energy storage systems worldwide. The company...
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