Boxed, an online bulk retailer that thrived during the pandemic, filed for bankruptcy Sunday, Bloomberg reports.
The New York-based firm listed as much as $102.6 million in assets and up to $190.4 million in liabilities in a Chapter 11 petition filed in the district of Delaware.
Founded in 2013, the company went public in December 2021 by combining with Seven Oaks Acquisition.
At deal announcement in June 2021 the company was valued at $900 million. Read more.
