RICHMOND, Va.--(BUSINESS WIRE)--LL Flooring Holdings, Inc. (“LL Flooring” or the “Company”) (OTC Pink: LLFLQ), today announced that the Company has completed the previously announced going-concern sale of the business to F9 Investments for the acquisition of 219 stores, inventory in those stores, LL Flooring's intellectual property and other company assets. LL Flooring also today announced the ...
RICHMOND, Va.--(BUSINESS WIRE)--LL Flooring Holdings, Inc. (“LL Flooring” or the “Company”) (OTC Pink: LLFLQ), today announced that, as part of its ongoing Chapter 11 process, the Company has signed an agreement with F9 Investments for a going-concern sale of the business. Under the terms of the asset purchase agreement, F9 Investments will acquire 219 stores, inventory in those stores and in t...
RICHMOND, Va.--(BUSINESS WIRE)--LL Flooring Holdings, Inc. (“LL Flooring” or the “Company”) (NYSE: LL), today announced that the Company was informed on August 12, 2024 by the New York Stock Exchange (“NYSE”) that based on the Company's and certain of its direct and indirect subsidiaries' voluntary petitions for relief under chapter 11 of title 11 of the United States Code in the United States ...
Premier flooring retailer LL Flooring Holdings, Inc. has announced that it is filing for Chapter 11 bankruptcy and will be closing 94 of its stores across 31 states.
LL Flooring filed for Chapter 11 bankruptcy in Delaware on Sunday as the company aims to reduce its physical footprint and close certain stores while pursuing a going-concern sale.
NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the common stock of LL Flooring Holdings, Inc. (the “Company”) — ticker symbol LL — from the NYSE. Trading in the Company's common stock will be suspended immediately. NYSE Regulation reached its decision that the Comp...
RICHMOND, Va.--(BUSINESS WIRE)--LL Flooring Holdings, Inc. (“LL Flooring” or the “Company”) (NYSE: LL), today announced that the Company and certain of its subsidiaries have commenced voluntary Chapter 11 reorganization proceedings in the U.S. Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”). LL Flooring intends to use these proceedings to pursue a going-concern sale of it...
LL Flooring Holdings, Inc., rebranded from Lumber Liquidators in 2020, has been underperforming peers for years and facing bankruptcy rumors. Lumber Liquidators' founder Thomas Sullivan made multiple recent offers to buy the company and was rebuffed, but he just won a proxy battle and joined the Board. While the market has left the company for dead, Sullivan's solid plan to return the company t...
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