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1. • Chapter 11 reorganization

     • Palm Beach Gardens-based air purifier manufacturer Molekule Group (Nasdaq: MKUL) filed for Chapter 11 reorganization with at least $47 million in debts, including a loan with the failed Silicon Valley Bank.
     Reference:

     Molekule Group files Chapter 11 bankruptcy with debt owed to ...

2. People also ask

   What happened to Molekule group?

   • In its second-quarter earnings release, Molekule Group reported a net loss of $25 million. It also announced that its merger with Israel-based Aura Smart Air was terminated. MKUL shares closed down 44% to 11.5 cents on Wednesday. They had traded for over $3 in January.

   Molekule, the tech startup born at USF, files Chapter 11 with $35M in de…

   www.bizjournals.com/tampabay/news/2023/10/05/molekule-group-chapter-11-silicon-valley-bank-debt.html

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   Did Molekule reorganize?

   • Palm Beach Gardens-based air purifier manufacturer Molekule Group (Nasdaq: MKUL) filed for Chapter 11 reorganization with at least $47 million in debts, including a loan with the failed Silicon Valley Bank.

   Molekule, the tech startup born at USF, files Chapter 11 with $35M in de…

   www.bizjournals.com/tampabay/news/2023/10/05/molekule-group-chapter-11-silicon-valley-bank-debt.html

   See all results for this question

   Who owns Molekule group?

   • Armistice is the third-largest shareholder of its stock, and SVB is an affiliate of Silicon Valley Bank. Molekule Group was created through a merger of Palm Beach Gardens-based AeroClean Technologies and San Francisco-based Molekule Inc. in January. Molekule Inc. shareholders ended up owning 49.5% of the parent company.

   Molekule, the tech startup born at USF, files Chapter 11 with $35M in de…

   www.bizjournals.com/tampabay/news/2023/10/05/molekule-group-chapter-11-silicon-valley-bank-debt.html

   See all results for this question

   What happened to aeroclean & Molekule?

   • Under the terms of the Merger, AeroClean stockholders now own approximately 50.5%, and Molekule stockholders own approximately 49.5%, of the outstanding shares of common stock of the combined company. Effective at 9:00 a.m. eastern time on January 12, 2023, AeroClean changed its name and ticker symbol to Molekule Group, Inc. (Nasdaq: MKUL).

   AeroClean Technologies and Molekule Announce the Close of All-Stock …

   finance.yahoo.com/news/aeroclean-technologies-molekule-announce-close-140000869.html

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3. investors.molekule.com › news-releases › newsMolekule Group, Inc. Announces Closing of $10.0 Million ...

   investors.molekule.com › news-releases › news

   • Cached

   May 8, 2023 · PALM BEACH GARDENS, Fla., May 08, 2023 (GLOBE NEWSWIRE) -- Molekule Group , Inc. (“Molekule” or the “Company”) (Nasdaq: MKUL), reported today the closing of its previously-announced approximately $10 million private placement with a single institutional investor. The transaction consists of (i) 3,400,000 shares of the Company’s common ...

   • AeroClean Technologies and Molekule Announce the Close of All ...

     PALM BEACH GARDENS, Fla., Jan. 12, 2023 (GLOBE NEWSWIRE) --...

   • Molekule Group, Inc. Announces $10.0 Million Private ...

     PALM BEACH GARDENS, Fla. , May 03, 2023 (GLOBE NEWSWIRE) --...

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5. www.bizjournals.com › tampabay › newsMolekule Group files Chapter 11 bankruptcy with debt owed to ...

   www.bizjournals.com › tampabay › news

   Oct 5, 2023 · Oct 5, 2023. Listen to this article 4 min. Palm Beach Gardens-based air purifier manufacturer Molekule Group (Nasdaq: MKUL) filed for Chapter 11 reorganization with at least $47 million in debts,...

   • Email: bbandell@bizjournals.com
   • Works For: South Florida Business Journal

   • Occupation: Real Estate Editor

6. finance.yahoo.com › news › aeroclean-technologiesAeroClean Technologies and Molekule Announce the Close of All ...

   finance.yahoo.com › news › aeroclean-technologies

   • Cached

   Jan 12, 2023 · Effective at 9:00 a.m. eastern time on January 12, 2023, AeroClean changed its name and ticker symbol to Molekule Group, Inc. (Nasdaq: MKUL). The combined company has the largest range of...

7. finance.yahoo.com › news › molekule-group-incMolekule Group, Inc. Announces Closing of $10.0 Million ...

   finance.yahoo.com › news › molekule-group-inc

   • Cached

   May 8, 2023 · PALM BEACH GARDENS, Fla., May 08, 2023 (GLOBE NEWSWIRE) -- Molekule Group, Inc. (“Molekule” or the “Company”) (Nasdaq: MKUL), reported today the closing of its previously-announced...

8. finance.yahoo.com › news › molekule-group-incMolekule Group, Inc. Announces $10.0 Million Private ...

   finance.yahoo.com › news › molekule-group-inc

   • Cached

   May 3, 2023 · Molekule Group, Inc. Announces $10.0 Million Private Placement And Amends Loan Agreements to Defer Approximately $6.1 Million of Principal Payments Originally Scheduled for 2023, 2024 and Q1...