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


TERRAVIA HOLDINGS: Incurs $3.43 Million Net Loss in October


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

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:


                        About TerraVia

Headquartered in South San Francisco, California, TerraVia
Holdings, Inc. (NASDAQ:TVIA) -- 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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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
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Sheryl Joy P. Olano, Psyche A. Castillon, Ivy B. Magdadaro, Carlo
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