California-Based Health Tech Company Files Chapter 7 Bankruptcy

Clint, a California-based healthcare technology company operating under Healthpals Inc., filed a voluntary Chapter 7 bankruptcy petition. The voluntary petition was filed on December 30, 2025, in the U.S. Bankruptcy Court for the Northern District of California, according to the court records.

The filing was submitted as a voluntary petition for a non-individual debtor. The company reported liabilities significantly exceeding its available assets at the time of the filing.

The company cited insufficient cash to meet its financial obligations as a key reason for seeking bankruptcy protection. The filing was submitted using Official Form 201 for non-individual debtors, according to PACER.

The company listed its principal places of business as 2434 Sharon Oaks Dr. in San Mateo, California.

• Type of filing: Voluntary petition for non-individuals
• Chapter: 7
• Court: U.S. Bankruptcy Court for the Northern District of California
• Case Number: 25-31059
• Estimated assets: between $100,001 and $500,000
• Estimated liabilities: between $1 million and $10 million
• Estimated number of creditors: one to 49
• Reason for filing: Insufficient cash to meet obligations

The filing identified Sushant Shankar as the company’s chief executive officer, with Rajesh Dash and Shankar listed as members of the board of directors.

Payroll Defaults and Mounting Liabilities

In board resolutions included with the filing, the company stated it had reviewed multiple alternatives prior to filing, including efforts to raise capital, pursue strategic transactions, and consider reorganization.

The board ultimately approved liquidation under Chapter 7, citing insufficient cash, mounting liabilities, and the lack of a viable plan to continue operations.

The filing stated that the company had also defaulted on payroll obligations and lacked the financial resources to fund future payroll or ongoing operations.

The company’s remaining assets will be administered through the bankruptcy court as part of the Chapter 7 process. The filing did not identify any property requiring immediate attention under bankruptcy rules.

About Healthpals, Inc.

Healthpals, Inc., which operated as Clint and Clint Health, describes itself as a healthcare technology company focused on improving clinical decision-making through data analysis, according to its website.

Its life science offering focused on supporting clinical research and drug development by helping organizations identify eligible patients, improve clinical impact, and shorten trial timelines.