m_and_a
confidence high
sentiment neutral
materiality 0.55
Chrome Holding (formerly 23andMe) sells Lemonaid telehealth for $10M in cash plus cure payments
Chrome Holding Co.
- Bambumeta Ventures to acquire Lemonaid Health and Chrome Pharmacy Holdings for $10M cash, plus cure payments.
- Purchase price is a higher offer than the prior $2.5M from TTAM; $2.5M deposit already placed.
- Sale subject to Court approval of Chapter 11 plan and regulatory pharmacy license transfers; closing by Dec 1, 2025 (extendable to Jan 30, 2026).
- Guarantor Bambumeta Ventures guarantees the Purchase Price; stock purchase agreement entered Sept 10, 2025.
item 1.01