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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

   Can Molekule air purifiers 'eliminate' indoor air pollution?

   • A proposed class action lawsuit aims to challenge Molekule, Inc.’s marketing claims that its “Air” brand air purifiers can “destroy” germs and “eliminate” indoor air pollution. The lawsuit begins by stating that indoor air pollution and air quality are a major concern for consumers, particularly those who suffer from asthma or allergies.

   Class Action Challenges Molekule’s Claims that Air

   www.classaction.org/news/class-action-challenges-molekules-claims-that-air-purifiers-can-destroy-pollutants

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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

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   Did Dyson challenge Molekule's air purifier claims?

   • Rival manufacturer Dyson challenged many of Molekule’s claims about Molekule’s air purifier, the Molekule Air (formerly known as the Molekule Home One or MH1).

   This Advertising Watchdog Just Rejected Basically All of Molekule’s Air

   www.nytimes.com/wirecutter/blog/watchdog-rejects-molekule-air-purifier-claims/

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

   www.bizjournals.com › tampabay › news

   Oct 5, 2023 · 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...

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

   • Occupation: Real Estate Editor

4. sfstandard.com › 2023/10/05 › air-purifier-companyAir Purifier Startup Blames Bankruptcy on San Francisco's ...

   sfstandard.com › 2023/10/05 › air-purifier-company

   • Cached

   Oct 5, 2023 · Air purifier manufacturer Molekule Group—and its affiliate, former San Francisco startup Molekule—have filed for Chapter 11 bankruptcy protection and identified the city’s homeless crisis as a major factor.

5. www.nytimes.com › wirecutter › blogThis Advertising Watchdog Just Rejected Basically All of ...

   www.nytimes.com › wirecutter › blog

   • Cached

   Feb 27, 2020 · At NAD’s recommendation, Molekule has agreed to withdraw the entirety of its quantified pollution-elimination claims—meaning it no longer stands by the numbers it long touted as “proof” of the...

6. Videos

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7. www.airpurifiersettlement.comAir Purifier Settlement | Home

   www.airpurifiersettlement.com

   • Cached

   The subject of the lawsuit is alleged false advertising of “Air Purifiers,” namely the Molekule Air, Molekule Air Pro, Molekule Air Mini, the Molekule Air Mini+, and/or the Molekule Air Pro Rx. A class action Settlement will resolve the Lawsuit by Plaintiffs against Molekule, Inc. (“Molekule” or “Defendant”).

8. www.nytimes.com › wirecutter › blogMolekule Retracts Most of Its Advertising Claims | Wirecutter

   www.nytimes.com › wirecutter › blog

   • Cached

   Jun 10, 2020 · Molekule’s appeal of a 2019 ad-industry judgment has largely failed. It can no longer claim that it’s “an air purifier that actually works.”

9. www.classaction.org › news › class-action-challengesClass Action Challenges Molekule’s Claims that Air Purifiers ...

   www.classaction.org › news › class-action-challenges

   • Cached

   Jun 10, 2020 · A proposed class action lawsuit aims to challenge Molekule, Inc.’s marketing claims that its “Air” brand air purifiers can “destroy” germs and “eliminate” indoor air pollution.

10. uk.marketscreener.com › quote › stockModified First Amended Joint Reorganization Plan Approved for ...

    uk.marketscreener.com › quote › stock

    • Cached

    Feb 5, 2024 · The US Bankruptcy Court approved the modified first amended plan of reorganization of Molekule Group, Inc. on February 5, 2024. The debtor has filed its modified first amended plan in the Court on December 20, 2023.