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133-year-old photography giant Kodak has warned investors about its uncertain future due to substantial debt obligations of approximately US$500 million. Lacking sufficient liquidity, the company plans to halt retirement pension contributions to raise cash and is exploring debt refinancing options. Despite the challenges, Kodak CEO Jim Continenza expressed confidence in the company's long-term plan. Kodak, known for its revolutionary role in photography, struggled to adapt to the digital age and filed for bankruptcy in 2012. Recent diversification efforts include pharmaceuticals and a failed cryptocurrency venture.
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