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Fast Radius, Inc.

fastradius.com

No Longer Reporting

The company has not filed an annual or quarterly report since its Q3 FY2022 10-Q, filed Nov 14, 2022. Its latest SEC filing is a SC 13G/A from Feb 10, 2023.

The sections below describe the company as of the FY2021 annual report.

What Did They Do?

Provides a digital manufacturing platform and custom-made industrial parts for engineers and companies that make physical products.

Who Were Their Customers?

Companies that make physical products buy custom components across industries such as automotive, aerospace and medical devices. Customers use the online platform to place orders and track production; the company produces parts through its own factories and outside suppliers.

How Were They Changing?

Since the FY2021 annual report
Latest quarter: Q3 FY2022, the three months to Sep 30, 2022
Revenue
▲ +44%
vs $4.9M in Q3 FY2021
Net income
▲ +30% (Loss)
vs −$17.1M in Q3 FY2021
  • Dec 19, 2022 Sold substantially all assets to SyBridge The court approved the asset sale before it closed.
  • Nov 14, 2022 Nasdaq notified the company of its delisting Trading was set to move to the over-the-counter market.
  • Nov 8, 2022 Filed for Chapter 11 bankruptcy protection The company said it would continue operating while pursuing a structured sale of its assets.

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