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Chrome Holding Co. (OTC:ME), formerly known as 23andMe Holding Co., filed its monthly operating report for the period ended September 30, 2025, with the United States Bankruptcy Court for the Eastern District of Missouri, according to a statement released in a SEC filing on Tuesday. The company, with a current market capitalization of $213.85 million, has seen its stock trading at $32.65, remarkably close to its 52-week high of $33.79.
The company and certain subsidiaries, collectively referred to as the Debtors, have been operating under Chapter 11 bankruptcy protection since March 23, 2025. The latest filing fulfills the requirement to provide monthly updates on financial and operational status while the Chapter 11 cases remain pending. Despite the bankruptcy proceedings, InvestingPro data shows the stock has delivered an 11.47% year-to-date return, though analysis reveals the company suffers from weak gross profit margins, one of several financial insights available to subscribers.
Chrome Holding Co. noted in the filing that the information in the monthly report was not prepared in accordance with generally accepted accounting principles (GAAP), was not audited or reviewed by independent accountants, and is subject to future adjustment and reconciliation. The company cautioned investors not to place undue reliance on the report, stating that results and projections contained in the document should not be viewed as indicative of future performance.
The company also reiterated that trading in its Class A common stock during the ongoing Chapter 11 process is highly speculative and involves substantial risks. It stated that trading prices may not reflect the actual recovery, if any, by holders of the common stock. This warning comes as InvestingPro data indicates the stock is trading near its 52-week high, with a current Financial Health score of 2.34, rated as "FAIR" despite the bankruptcy proceedings. InvestingPro analysis also suggests the valuation implies a poor free cash flow yield.
Future monthly operating reports will continue to be filed with the court as required, and may be made available without a corresponding SEC filing.
This information is based on a statement released in a SEC filing by Chrome Holding Co.
In other recent news, Yijia Group Corp. announced plans to change its name to VitaNova Life Sciences Corporation, following approval from its board of directors and a majority of shareholders. The company also intends to update its ticker symbol, although its common stock will continue to trade under the current symbol until the change becomes effective. Meanwhile, Chrome Holding Co., formerly 23andMe Holding Co., filed a second amended Chapter 11 bankruptcy plan, introducing new claim classes and a settlement agreement with certain litigation plaintiffs. The plan includes a "toggle structure" to potentially pursue an equity sale transaction. Additionally, Chrome Holding Co. provided updates on its ongoing Chapter 11 proceedings, indicating that it continues to file monthly operating reports as required. The company also filed a proposed Chapter 11 reorganization plan detailing asset sales and creditor distributions, following the sale of most of its assets to TTAM Research Institute for $302.5 million. In another development, Cryomass Technologies Inc. announced its move to the OTC Expert Market due to filing delinquency, which restricts public quotations for its securities.
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