Infinity Pharmaceuticals, Inc along with its affiliate, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the District of Delaware on September 29, 2023. The debtor listed its assets of $0.19 million and liabilities of $5.53 million. The debtor is represented by Matthew B. McGuire and Matthew R Pierce of Landis Rath & Cobb LLP and Wilmer Cutler Pickering Hale and Dorr LLP as its legal counsel.

The debtor also hired Sonoran Capital Advisors, LLC as financial advisor, SSG Advisors, LLC as investment banker, and Stretto, Inc of notice and claims agent.