Kirsten Korosec / TechCrunch:

Online used car marketplace Shift files for Chapter 11 bankruptcy and begins the process to shut down its business, after going public via a SPAC merger in 2020  —  Down goes another SPAC  —  Shift Technologies, the San Francisco-based online used car startup-turned-publicly traded company, filed this week for Chapter 11 bankruptcy.

Kirsten Korosec / TechCrunch:

Online used car marketplace Shift files for Chapter 11 bankruptcy and begins the process to shut down its business, after going public via a SPAC merger in 2020  —  Down goes another SPAC  —  Shift Technologies, the San Francisco-based online used car startup-turned-publicly traded company, filed this week for Chapter 11 bankruptcy.

Source: TechMeme
Source Link: http://www.techmeme.com/231010/p33#a231010p33