What Happened to Wag! Group Co.?
Return
0.0%
Current Price
$0
Peak Price
â
Trust Size
$24M
Summary
Wag! was a pet care services marketplace offering dog walking, pet sitting, and other pet services through a mobile app. The company went public via SPAC merger with CHW Acquisition Corp in 2022. Wag! filed for Chapter 11 bankruptcy in 2025 after its stock lost over 91% of its value.
What Happened
CHW Acquisition Corp merged with Wag! Group in August 2022. The pet care platform struggled to compete and generate profits, with its stock falling below $1 by August 2024 and below $0.20 by March 2025. After receiving multiple Nasdaq delisting notices, Wag! filed for a prepackaged Chapter 11 bankruptcy in 2025, with its secured lender set to take ownership of the company.
Timeline
2021-08-23
S-1 Registration Filed
2024-03-27
Merger Proxy Filed (DEFM14A)