Artega has filed for bankruptcy as a result of a failed deal with an undisclosed Asian investor.

Artega has filed for bankruptcy protection.

Details are limited, but the company was in talks with an Asian investor who backed out "at the last minute" and forced the company into insolvency.

For the time being, operations will continue as Artega and bankruptcy administrators seek additional investors. There's no word on when a deal could be reached, but talks are already underway.