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  1. www.cnn.com › 2024/03/05 › businessBowFlex files for bankruptcy | CNN Business

    Mar 5, 2024 · BowFlex blamed its bankruptcy on the “post-pandemic environment and persistent macroeconomic headwinds” and said it received interest from “multiple” companies but chose Johnson Health Tech...

  2. www.tomsguide.com › wellness › fitnessBowFlex has filed for bankruptcy — should you still buy its home...

    Mar 19, 2024 · What happened to BowFlex? BowFlex filed for Chapter 11 bankruptcy in March 2024, which allows other businesses to make offers to buy the company. We don’t know whether any new owner will...

  3. finance.yahoo.com › news › court-approves-bowflex-inc-purchaseCourt Approves BowFlex Inc. Purchase Agreement by Johnson Health...

    Apr 16, 2024 · VANCOUVER, Wash., April 16, 2024--BowFlex Inc. ("BowFlex" or "the Company") today announced that the U.S. Bankruptcy Court for the District of New Jersey (the "Court") entered an order...

  4. www.reuters.com › markets › dealsBowFlex files for bankruptcy with $37.5 mln buyout offer

    Mar 5, 2024 · BowFlex has lined up a bankruptcy loan that will provide the company with $9 million in new money, while also restructuring $16 million of BowFlex's existing debt.

  5. www.opb.org › article › 2024/03/06Vancouver-based BowFlex announces bankruptcy, likely layoffs...

    Mar 6, 2024 · In filings this week, BowFlex signaled it intends to lay off more than 200 employees, enter Chapter 11 bankruptcy reorganization and sell its assets to Johnson Health Tech Retail, according to a...

  6. news.bloomberglaw.com › bankruptcy-law › bowflex-bankrupt-homeBowFlex, Bankrupt Home Fitness Firm, Approved to Sell Itself

    Mar 8, 2024 · Home fitness equipment maker BowFlex Inc. won bankruptcy approval of the sale of its business to Johnson Health Tech Retail Inc. for $37.5 million, unless a higher offer materializes in the next few weeks.

  7. finance.yahoo.com › news › bowflex-files-bankruptcy-37-5CORRECTED-BowFlex files for bankruptcy with $37.5 mln buyout...

    Mar 5, 2024 · BowFlex entered bankruptcy with $140 million in assets and $126 million in liabilities, according to a Chapter 11 petition filed in bankruptcy court in Camden, New Jersey. BowFlex sought to...

  8. www.marketwatch.com › story › bowflex-files-for-chapter-11BowFlex files for Chapter 11 bankruptcy after post ... -...

    Mar 5, 2024 · BowFlex Inc. said Tuesday it has filed for Chapter 11 bankruptcy with a New Jersey court, after the home-exercise equipment company saw sales slump in the post-pandemic world.

  9. ca.finance.yahoo.com › news › bowflex-files-bankruptcy-37-5BowFlex files for bankruptcy with $37.5 million buyout offer

    Mar 5, 2024 · NEW YORK (Reuters) -Home fitness company BowFlex filed for Chapter 11 bankruptcy protection late Tuesday, with an agreement to sell the company for $37.5 million to Johnson Health Tech.

  10. finance.yahoo.com › news › bowflex-inc-files-voluntary-chapterBowFlex Inc. Files for Voluntary Chapter 11 Protection and...

    Mar 5, 2024 · BowFlex Inc. Files for Voluntary Chapter 11 Protection and Reaches Stalking Horse Agreement to Facilitate Sale. Secured Commitment for $25 Million in Debtor-in-Possession Financing to Continue to...

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