What Happened to Legacy Ejy?
Return
0.0%
Current Price
$0
Peak Price
â
Trust Size
$55M
Summary
Enjoy Technology was a mobile retail platform founded by former Apple executive Ron Johnson that delivered and set up consumer electronics at customers' homes. The company went public via SPAC merger with Marquee Raine Acquisition Corp in 2021. Enjoy filed for Chapter 11 bankruptcy in June 2022.
What Happened
Marquee Raine Acquisition Corp merged with Enjoy Technology in October 2021. Founded by Ron Johnson (who led Apple's retail stores and was CEO of JC Penney), Enjoy's mobile commerce model required expensive in-home delivery experts. The company burned through cash rapidly and filed for Chapter 11 in June 2022 â just 8 months after going public, making it one of the quickest SPAC-to-bankruptcy collapses.
Timeline
2020-12-09
S-1 Registration Filed
2024-11-14
Last SEC Filing