CreditRiskMonitor is a financial risk analysis and news service for credit, supply chain and financial professionals.  Our strength in coverage spans 58,000 global public companies, totaling about $70 trillion in corporate revenue.  We also offer solutions that can help ease private company financial risk assessment.  Leading corporations around the world – including more than 35% of the Fortune 1000, plus thousands more worldwide – rely on us to help them stay ahead of financial risk quickly, accurately and cost-effectively. 

A partial report preview for B456 Systems, Inc. is shown below.  Where indicated by "Yes," CreditRiskMonitor contains this information in its extensive database.  To get access to the full report and learn more about CreditRiskMonitor's robust financial risk analysis and timely news service, request a personalized demo and free trial today.

If you are already a subscriber and want to access the full report, click here.

B456 Systems, Inc.
200 West Street
Waltham, MA  02451  United States
This company's Plan of Liquidation went into effect on 6/28/2013
This company ceased filing statements with the SEC on 6/28/2013.
The Joint Plan of Liquidation provides for the liquidation of assets of the Estate
On 1/29/2013, the Company sold its automotive, grid, and commercial business assets, including technology, products, contracts and U.S. facilities in Michigan, Massachusetts and Missouri, as well as its operations in China, and its equity interest in Shanghai Advanced Traction Battery Systems Co., a joint venture with Shanghai Automotive, to Wanxiang America Corporation. On the same date the Company sold its U.S. government business assets, including its technology, products, intellectual property and contracts, as well as the lease for the Company’s facility in Ann Arbor, Michigan, to Navitas Systems LLC.
This company is no longer actively traded on any major stock exchange.
Business Summary
B456 Systems, Inc., formerly A123 Systems, Inc. no longer has any operations. In June 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.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/201212/31/2011YesYesYes-Yes

Industries
SIC Code Description
3692 Primary batteries, dry and wet
3691 Storage batteries
5013 Motor vehicle supplies and new parts

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
President, Treasurer, Secretary, Director David P.Vieau 61 2/4/2013 3/1/2002

Business Names
Business Name
A123 Systems, Inc.
B456 Systems Inc

General Information
Number of Employees: 1,983 (As of 12/31/2011)
Outstanding Shares: 201,773,385 (As of 10/1/2012)
Shareholders: 149
Stock Exchange: OTC
Federal Tax Id: 043583876


Copyright © 2023 CreditRiskMonitor.com (Ticker: CRMZ). All rights reserved.     
By using this website, you accept the Terms of Use Agreement.
Saturday, July 22, 2023