Chrome Holding Co. Enters Stock Purchase Agreement with Bambumeta Ventures Amid Chapter 11 Restructuring
Chrome Holding Co., a Delaware corporation, has sold substantially all of its assets to 23andMe Research Institute. This transaction follows the company's voluntary petitions for Chapter 11 bankruptcy relief in the Eastern District of Missouri. The sale was executed under a Stock Purchase Agreement, with the Purchaser placing a $2.5 million good faith deposit, which will be credited towards the Purchase Price at closing. The completion of the sale is contingent upon several conditions, including a court order confirming a Chapter 11 reorganization plan and the receipt of regulatory approvals related to the transfer of pharmacy licenses. The Stock Purchase Agreement outlines customary representations, warranties, and covenants, but these do not survive the closing nor provide indemnification for any breaches.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Chrome Holding Co. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950142-25-002422), on September 11, 2025, and is solely responsible for the information contained therein.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。