Bloomberg Originals

1 claim checked.

• SupportedBloomberg Originals

  Did 23andMe actually enter Chapter 11, rather than merely announce a sale process?

  “On March 23rd, 2025, the company filed for bankruptcy.”

  Supported— what the sources below say

  1 independent source

  23andMe’s March 24, 2025 Form 8-K states that the company and specified subsidiaries filed voluntary Chapter 11 petitions on March 23, 2025.

  The sources (1)

  1. Supports·Regulatory filing·23andme (first-party)·8-K

     “On March 23, 2025, the Company and certain of its subsidiaries listed on Exhibit 99.1 (collectively, the “Filing Subsidiaries” and, together with the Company, the “Debtors”) filed voluntary petitions (the “Bankruptcy Petitions”) seeking relief under Chapter 11 of Title 11 of the United States Bankruptcy Code (the “Bankruptcy Code”) in the Court (the “Chapter 11 Cases”).”

     https://www.sec.gov/Archives/edgar/data/1804591/000119312525060817/d933650d8k.htm