Trust Size
$119M
Current Price
$0.00
Peak Market Cap
$700M
Price Journey
What Happened
Boxed was an online bulk grocery delivery service often described as 'Costco for millennials,' offering warehouse-club-sized products without a membership fee. The company went public via SPAC merger with Seven Oaks Acquisition Corp in 2021. Boxed filed for Chapter 11 bankruptcy in April 2023.
Seven Oaks Acquisition Corp merged with Boxed in December 2021. The e-commerce grocery platform struggled to compete with Amazon and traditional warehouse clubs, burning through cash. The collapse of Silicon Valley Bank, where Boxed held funds, accelerated its demise. Boxed filed for Chapter 11 in April 2023 and shut down its retail operations, trying to sell its software business.
Timeline
2020-12-15
S-1 Registration Filed
2023-05-02
Last SEC Filing
2023-05-05
Filed for bankruptcy
SEC Filing Details
CIK Number
1828672
Total SEC Filings
266
State of Incorporation
DE
Last Filing Date
2023-05-02
Business Location
Greenwich, CT
Trust/Asset Size
$119M
Data sourced from SEC EDGAR Company Facts API and EFTS search index.
📄 SEC Filings
View all EDGAR filings for Boxed