The US Bankruptcy Court gave an order approving the bidding procedures relating to the sale of substantially all the assets of ViewRay, Inc. on August 23, 2023. The Court approved the asset purchase agreement between the debtor through public auction., for the sale of substantially all its assets.. To qualify as a qualified bidder, interested parties should submit their bids by September 19, 2023.

If the debtor receives any qualified bids then it would hold an auction for its assets on September 21, 2023. The sale hearing is scheduled for September 28, 2023.