Chrome Holding files Chapter 11 plan; $302.5M asset sale closed; stock holders face minimal recovery

Chrome Holding Co.

Filed Joint Chapter 11 Plan on Aug 15; substantially all assets sold to TTAM for $302.5M cash closed July 14.
Lemonaid Health telehealth business to be sold for $2.5M under plan; wind-down of remaining operations.
Plan creates 12 claim classes including data breach settlements from 2023 incident.
Holders of common stock (HoldCo Interests) to receive Class B Plan Administration Trust Interests.
Plan requires court approval; solicitation of votes will begin only after disclosure statement approved.

item 7.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.