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E-Commerce Firm Boxed Inc Files For Bankruptcy, Eyes Software Unit Sale

E-Commerce Firm Boxed Inc Files For Bankruptcy, Eyes Software Unit Sale
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Chieh huangExecutive officer

In incredibly difficult decision, Boxed files for Chapter 11

Spresso software will be sold to lien lenders and orders will continue until inventory runs out

United statesChieh huangNew york stock exchangeYork stock exchangeSilicon valley bankCalifornia department of financial protectionBoxed incWall streetCalifornia departmentFinancial protectionSilicon valleyBrigade capital managementNew york stock

Boxed Files for Chapter 11 Bankruptcy - Multichannel Merchant

Boxed has filed for Chapter 11 bankruptcy protection after failing to find a buyer and enduring sustained weak revenue and earnings.

United statesChieh huangLas vegasSilicon valley bankSam clubUs bankWilmington savings fund societyAlter domus

Boxed, Inc to Execute Sale of Spresso Software Business

Company winding down retail operations in orderly manner.

Chieh huangSolomon partners securitiesSoftware serviceBankruptcy courtCompany board of directorsPotter anderson corroonFreshfields bruckhaus deringerForbearance agreementChief executive officerBruckhaus deringerPotter andersonPrivate securities litigation reform actQuarterly report

US e-commerce firm Boxed files for bankruptcy, eyes software unit sale

Boxed filed for Chapter 11 bankruptcy protection and was pursuing sale of its software business, the e-commerce grocery platform.

Chieh huangSilicon valley bankExecutive officerSilicon valley

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