Ultra Orange LLC, a Florida based distributor specializing in citrus-inspired food products, has filed for Chapter 7 bankruptcy, citing $3.5 million in liabilities and no assets. Founded in 2012 and primarily owned by Claudio Sira (holding 99% of the company), Ultra Orange saw its revenue nearly halved—from $4 million in 2022 to $2.5 million in 2023—prompting its drastic financial downfall.…