23andMe Holding Co. (ME) Halted on Volatility, Up 117%

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23andMe Confirms All Potential Buyers Must Agree to Comply With Privacy Policy and Applicable Law

March 26, 2025 6:57 PM EDT

SAN FRANCISCO, March 26, 2025 (GLOBE NEWSWIRE) -- 23andMe Holding Co. (23andMe or the Company) (Nasdaq: ME), a leading human genetics and biotechnology company, today announced that it has received approvals from the U.S. Bankruptcy Court for the Eastern District of Missouri (the Court) for its first day motions related to 23andMes voluntary Chapter 11 petitions filed March 23, 2025, including authorization to pay employee wages and benefits and compensate certain vendors and suppliers in the ordinary course for goods and services provided and to enter into the binding term sheet for a $35 million debtor-in-possession financing facility from JMB... More