TCR_Public/180127.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Saturday, January 27, 2018, Vol. 22, No. 26

                            Headlines

TERRAVIA HOLDINGS: Incurs $3.43 Million Net Loss in October

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TERRAVIA HOLDINGS: Incurs $3.43 Million Net Loss in October
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TerraVia Holdings, Inc., et al., filed with the U.S. Securities and
Exchange Commission their monthly operating report for October
2017.

TerraVia reported a net loss of $3.43 million on $4,698 of total
revenue for the month.

As of October 31, 2017, TerraVia had $55.49 million in total
assets, $184.97 million in total liabilities, and $129.47 million
in total stockholders' deficit.

At October 1, the Debtors had $27.84 million cash.  They reported
total cash receipts of $954,987 and total cash disbursements of
$3.49 million.  Disbursements include $1.12 million in professional
fees.  Thus, the Debtors had $25.30 million cash at October 31.

A copy of the monthly operating report is available at:

                     https://is.gd/nkRm4G

                        About TerraVia

Headquartered in South San Francisco, California, TerraVia
Holdings, Inc. (NASDAQ:TVIA) -- http://www.terravia.com/-- is a
plant-based food, nutrition and specialty ingredients company that
harnesses the power of algae, the mother of all plants and earth's
original superfood.  TerraVia also manufactures a range of
specialty personal care ingredients for key strategic partners.

On Aug. 2, 2017, TerraVia Holdings, Inc., and its wholly-owned U.S.
subsidiaries filed voluntary petitions under chapter 11 of title 11
of the United States Code (Bankr. D. Del. Lead Case No. 17-11655).


The subsidiary debtors in the Chapter 11 cases are Solazyme Brazil
LLC and Solazyme Manufacturing 1, LLC.

The Debtors sought bankruptcy protection after reaching a deal to
sell the assets to Corbion N.V. for $20 million in cash plus the
assumption of liabilities.

The Debtors hired Davis Polk & Wardwell LLP as their lead counsel
and Richards, Layton & Finger, P.A., as co-counsel.  Kurtzman
Carson Consultants LLC is the Debtors' claims agent.

No official committee of unsecured creditors has been appointed in
the Chapter 11 case.



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Monday's edition of the TCR delivers a list of indicative prices
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then-ending.

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S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.  
Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine
Tumanda, Valerie Udtuhan, Howard C. Tolentino, Carmel Paderog,
Meriam Fernandez, Joel Anthony G. Lopez, Cecil R. Villacampa,
Sheryl Joy P. Olano, Psyche A. Castillon, Ivy B. Magdadaro, Carlo
Fernandez, Christopher G. Patalinghug, and Peter A. Chapman,
Editors.

Copyright 2018.  All rights reserved.  ISSN: 1520-9474.

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