iRobot files for Chapter 11 bankruptcy and reaches a restructuring agreement to hand over control to its secured lender and main Chinese supplier Shenzhen Picea
iRobot Corp., the company that revolutionized robot vacuum cleaners in the early 2000s with its Roomba model …
Education software maker Anthology files for bankruptcy, listing $1B to $10B in both assets and liabilities after its Blackboard merger debt became unmanageable
Anthology Inc., the Veritas Capital-backed education-software provider, sought Chapter 11 bankruptcy protection in the US …
US chipmaker Wolfspeed files for Chapter 11 to enact a creditor-backed plan to slash $4.6B in debt and expects to emerge out of bankruptcy by the end of Q3
Bloomberg :
Sources: EchoStar is considering filing for Chapter 11 bankruptcy to protect its valuable wireless spectrum licenses from potential revocation by the FCC
Wall Street Journal :
Regeneron Pharmaceuticals says it will acquire 23andMe's assets, including its Personal Genome Service, for $256M, set to close in Q3, in the bankruptcy auction
But What Happens to Your Data? David Braue / Information Age : Biotech buys bankrupt DNA data firm 23andMe for $400m Naomi Li Gan / Tech in Asia : Pharma giant Regeneron to buy genetics firm 23andMe f...
TabaPay, which offers instant payment services, agrees to acquire assets of banking-as-a-service startup Synapse, after Synapse filed for Chapter 11 bankruptcy
We are excited to announce that TabaPay is acquiring the assets of Synapse. TabaPay, Inc. : TabaPay to Acquire the Assets of Synapse Financial Technologies, Inc. X: Rohit Mittal / @rohitdotmittal : Fo...
Thrasio, which raised $3B+ in equity and debt to acquire third-party Amazon sellers, files for Chapter 11 bankruptcy and secures $90M in emergency funding
Thrasio, the U.S. start-up that raised billions of dollars and popularized the concept of e-commerce aggregation …
Online used car marketplace Shift files for Chapter 11 bankruptcy and begins shutting down its business, after going public via a SPAC merger in October 2020
Kirsten Korosec / TechCrunch :
New York-based grocery e-commerce company Boxed files for Chapter 11 bankruptcy protection; Boxed had said it held most of its cash and liquid assets at SVB
Bloomberg :
Quanergy Systems, which makes lidar sensors and related software, files for Chapter 11 bankruptcy, after going public via a $175M SPAC merger in February 2022
Jeremy Hill / Bloomberg :