Boxed jumps on report of talks with two suitors on potential sale

seekingalpha2023-02-16

Boxed (NYSE:BOXD) soared 35% on Thursday amid a Seeking Alpha report that the company has talked to two potential suitors about a purchase of the company. Boxed, known as an ecommerce grocery platform...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2311447364?lang=en_US&edition=fundamental","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1248789819/image_1248789819.jpg","is_english":true,"pubTime":"2023-02-16 23:38","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2311447364","market":"us","top_or_hot":-1,"title":"Boxed jumps on report of talks with two suitors on potential sale","media":"seekingalpha","content":"<div>\n<p>Boxed (NYSE:BOXD) soared 35% on Thursday amid a Seeking Alpha report that the company has talked to two potential suitors about a purchase of the company. Boxed, known as an ecommerce grocery platform...</p>\n\n<a href=\"https://seekingalpha.com/news/3937256-boxed-jumps-on-report-of-talks-with-two-suitors-on-potential-sale\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Boxed jumps on report of talks with two suitors on potential sale</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBoxed jumps on report of talks with two suitors on potential sale\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-16 23:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3937256-boxed-jumps-on-report-of-talks-with-two-suitors-on-potential-sale><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Boxed (NYSE:BOXD) soared 35% on Thursday amid a Seeking Alpha report that the company has talked to two potential suitors about a purchase of the company. Boxed, known as an ecommerce grocery platform...</p>\n\n<a href=\"https://seekingalpha.com/news/3937256-boxed-jumps-on-report-of-talks-with-two-suitors-on-potential-sale\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4122","symbol_name":"互联网与直销零售","start_time":0,"source_url":"https://seekingalpha.com/news/3937256-boxed-jumps-on-report-of-talks-with-two-suitors-on-potential-sale","article_id":"2311447364","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1248789819/image_1248789819.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2311447364","pubTimestamp":1676561884,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Boxed (NYSE:BOXD) soared 35% on Thursday amid a Seeking Alpha report that the company has talked to ","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4122":"互联网与直销零售","BK4155":"大卖场与超市","BOXD":"Boxed Inc","AONNY":"Aeon Co. Ltd."},"translate_title":"关于与两个潜在买家谈判的报道","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AONNY":1,"BOXD":1},"content_text":"Boxed (NYSE:BOXD) soared 35% on Thursday amid a Seeking Alpha report that the company has talked to two potential suitors about a purchase of the company. Boxed, known as an ecommerce grocery platform that sells bulk consumables to businesses and consumers, has had talks with AEON Co. Ltd (OTCPK:AONNY) and at least one other suitor, according to a person familiar with the matter. Boxed (BOXD) announced Jan. 3 that its board was exploring a possible sale, sending its shares soaring more than 40% that day. On Jan. 20 Boxed stock also popped 19% after announcing that it received $20 million in new financing. The company also entered into an amendment to its existing first lien debt facility with funds and accounts managed by BlackRock. Boxed has seen its stock plunge 96% since it went public through a de-SPAC in December 2021. While Boxed (BOXD) was originally mainly known for shipping boxes filled with toilet paper and potato chips, the company also moved into the software-as-service or SaaS business and that business is called Spresso. Boxed (BOXD) declined to comment about its sales process. Boxed (BOXD) has had an ongoing relationship with AEON and in October agreed to expand a partnership it had with the Tokyo-based company. Boxed and AEON announced an agreement to launch Boxed’s end-to-end software and services platform in the Vietnamese market. AEON owned 3.63 million shares, or a 4.9% stake, of Boxed as of last May. Boxed (BOXD) shares fell 7.7% in trading on Wednesday. Boxed (BOXD) also disclosed in an 8-K filing earlier this month that Tsukasa Ojima, who's an executive officer at AEON, informed Boxed that he would be resign from its board immediately at least partly due to any \"potential conflicts of interest\" that may arise between Boxed an AEON, which is an investor and partner of Boxed.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2311447364"}