Research analysts covering Chrome Holding.
Recent press releases and 8-K filings for MEHCQ.
Chrome Holding Co. Confirms Chapter 11 Plan, Common Stock to be Canceled
MEHCQ
Legal Proceedings
Delisting/Listing Issues
- Chrome Holding Co. and certain of its subsidiaries filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code on March 23, 2025.
- On December 1, 2025, the United States Bankruptcy Court for the Eastern District of Missouri entered an order confirming the Modified Fifth Amended Joint Plan of Chrome Holding Co. and its Debtor Affiliates.
- As of December 1, 2025, the company had 25,489,590 shares of Class A common stock and 2,110,250 shares of Class B common stock issued and outstanding.
- On the Effective Date of the Plan, all outstanding shares of Common Stock of the Company will be canceled and discharged. Holders of such Common Stock will be treated as members of Class 12 under the Plan and will receive a portion of the Class B Plan Administration Trust Interests.
Dec 4, 2025, 9:02 PM
23andMe Inc. Files for Chapter 11 and Sells Substantially All Assets
MEHCQ
Legal Proceedings
M&A
- 23andMe, Inc. (MEHCQ) filed for Chapter 11 bankruptcy on March 23, 2025.
- On July 14, 2025, the company sold substantially all of its assets for a gross sales price of $302,500,000, resulting in a net sale price of $264,467,043.
- This asset sale contributed to a net income of $270,809,000 for July 2025 and a significant increase in consolidated cash and cash equivalents to $287,033,000 by the end of July 2025.
- Consolidated total liabilities decreased from $185,489,000 at the end of June 2025 to $116,554,000 at the end of July 2025.
- Prior to the asset sale, the company reported net losses in March 2025 ($20,281,000) , May 2025 ($19,197,000) , and June 2025 ($23,819,000) , with a reported profit of $20,172,000 in April 2025.
| Metric | March 2025 | April 2025 | May 2025 | June 2025 | July 2025 |
|---|---|---|---|---|---|
| Total Revenue ($USD Thousands) | $2,357 | $8,317 | $6,103 | $5,312 | $3,078 |
| Net Income (Loss) ($USD Thousands) | $(20,281) | $20,172 | $(19,197) | $(23,819) | $270,809 |
| Cash Balance End of Month ($USD Thousands) | $52,215 | $45,681 | $46,777 | $45,550 | $292,046 |
| Total Assets (Consolidated, $USD Thousands) | $159,270 | $150,016 | $142,963 | $144,328 | $344,807 |
| Total Liabilities (Consolidated, $USD Thousands) | $186,414 | $156,274 | $171,161 | $185,489 | $116,554 |
Sep 22, 2025, 8:14 PM
Quarterly earnings call transcripts for Chrome Holding.
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