UK online car retailer Cazoo files for administration [Yahoo! Finance]
Cazoo Group Ltd Class A Ordinary Shares (CZOO)
Company Research
Source: Yahoo! Finance
Advisory company Teneo will be called in to sell off the firm's remaining assets. Cazoo said it was engaged in “active discussions” with several parties interested in its marketplace business. It will also need to raise additional capital in the future in order to operate as a going concern. Cazoo was launched in 2018 in the UK by entrepreneur Alex Chesterman and was later listed in New York in 2021. It was valued around US$7 billion (£5 billion). That has now dropped to around $30 million. "UK online car retailer Cazoo files for administration" was originally created and published by Just Auto , a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refr
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CZOO
News
- UK online car retailer Cazoo enters administration [Yahoo! Finance]Yahoo! Finance
- Administrator Appointed As Used Auto Site Cazoo Fails NYSE Compliance [Forbes]Forbes
- Online car retailer Cazoo files for administration in UK [Yahoo! Finance]Yahoo! Finance
- Used car retailer Cazoo files for administration in U.K., board recommends winding up [Seeking Alpha]Seeking Alpha
- NYSE to Commence Delisting Proceedings Against Cazoo Group Ltd (CZOO) [Yahoo! Finance]Yahoo! Finance
CZOO
Sec Filings
- 5/21/24 - Form 6-K
- 5/1/24 - Form 424B3
- 5/1/24 - Form 6-K
- CZOO's page on the SEC website