1154 ET - Blue Apron issues a going concern warning in its quarterly results due to mounting losses. A deal with FreshRealm in June to outsource its production and fulfillment operations provided a cash infusion, but the company says in a regulatory filing that its ability to continue paying debts depends on the success of its recently announced merger with Wonder and execution of its operating plan. Blue Apron says the deal will be completed "as soon as practicable." (ben.glickman@wsj.com; @benglickman)
(END) Dow Jones Newswires
November 09, 2023 11:54 ET (16:54 GMT)
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