secwatch.observer — SEC 8-K summary
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Issuer:     Chrome Holding Co. (—)
CIK:        0001804591
Form:       8-K
Filed at:   2025-07-14T23:59:59+00:00
Accession:  0001193125-25-158551
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 1.02, 2.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

23andMe completes $305M asset sale to TTAM Research Institute in bankruptcy
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- Purchase price of $305M cash plus assumption of liabilities; Lemonaid Health excluded business acquired for $2.5M.
- Buyer TTAM is an affiliate of co-founder Anne Wojcicki; transaction consummated July 14, 2025.
- DIP credit facility with JMB Capital Partners fully repaid and terminated upon closing.
- Chapter 11 cases remain pending; distribution of proceeds to shareholders to be disclosed later.
- 23andMe continues operating as part of TTAM, offering DNA testing and research services.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1804591/000119312525158551/0001193125-25-158551-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1804591/000119312525158551/d11473d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-158551

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