APRN

Blue Apron Holdings Inc

NYSE

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APRN

Blue Apron Holdings Inc

NYSE

Add Alert

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Invest-in-America Free

09/29/23 2:47 PM

Post #1,039

Re: #1,038: @SmellMyFinger - Because many longs won't sell at less than

THANKS for that, but still WEIRD!!

SmellMyFinger Free

09/29/23 2:42 PM

Post #1,038

Re: #1,037: @Invest-in-America - APRN: WHY is the PRICE of this FROZEN

Because many longs won't sell at less than $13 and shorts don't want to (or can't) cover at a much higher cost than yesterday.

Invest-in-America Free

09/29/23 2:00 PM

Post #1,037

APRN: WHY is the PRICE of this FROZEN in space all day long?????????

TheFinalCD PremiumMember

09/29/23 12:33 PM

Post #1,036

was @NYONE IN $APRN BEFORE THE NEWS TODAY?????

PLEASE DO TELL...

ESPECIALLY IF YOU WERE IN HEAVY=$$$$$$$

SmellMyFinger Free

09/29/23 12:18 PM

Post #1,035

Re: #1,034: @budgetthis - Always liked blue aprons……sorry shorts.

The shorts had their day. Now they can stress over some losses and worry about how to cover their positions at a higher cost. What comes around goes around.

budgetthis Free

09/29/23 11:36 AM

Post #1,034

Always liked blue aprons……sorry shorts.

SmellMyFinger Free

09/29/23 11:20 AM

Post #1,033

Re: #1,026: @subslover - Any reason why this is up over 100%

Probably the Wonder Group acquisition. Per the news,
---
"Terms of the Agreement

Under the terms of the merger agreement, Wonder will commence a tender offer to acquire all outstanding shares of the Company’s Class A common stock for a purchase price of $13.00 per share in cash.

The transaction is expected to close in the fourth quarter of 2023, subject to customary closing conditions, including the tender of a majority of the outstanding shares of the Company’s Class A common stock. The closing of the transaction is not subject to any financing conditions or regulatory approvals, and Wonder has fully committed financing already on its balance sheet sufficient to fund the closing of the transaction. Following the successful closing of the tender offer, Wonder will acquire any remaining shares of Blue Apron that are not tendered in the tender offer through a second-step merger at the same consideration per share paid in the tender offer."
---
My guess is that shorts will want to cover their positions ASAP but need longs to sell first in order to do so. A squeeze is possible but not guaranteed. Watch for shorts to encourage longs to sell now as they try to convince longs that a short squeeze isn't possible. This could get interesting *grabs popcorn*. GLTY!

TheFinalCD PremiumMember

09/29/23 9:46 AM

Post #1,032

Re: #1,020: @da_stock_analyst - #APRN 🔥 short squeeze potential for huge move

$APRN WOW CONGRAT$$$$$ https://www.businesswire.com/news/home/20230928876135/en/

Invest-in-America Free

09/29/23 6:58 AM

Post #1,031

APRN: Whelp, it appears the APRN shareholders have just about ALREADY received that $13!!! (What a joke.)

Invest-in-America Free

09/29/23 6:40 AM

Post #1,030

Re: #1,028: @subslover - For $13 a share. Thanks bro

APRN: My E-Turd showed it, but even I could NOT generate a (Google) LINK to it DIRECTLY; so I simply PASTED the headline.

Awl416

09/29/23 6:39 AM

Post #1,029

Re: #1,026: @subslover - Any reason why this is up over 100%

https://finance.yahoo.com/m/1bd3c6f3-df2b-3b5d-b407-2a0a94ba2d05/meal-kit-maker-blue-apron-to.html

subslover

09/29/23 6:35 AM

Post #1,028

Re: #1,027: @Invest-in-America - APRN: "DJ Food-Delivery Startup Wonder to Acquire Meal-Kit

For $13 a share. Thanks bro

Invest-in-America Free

09/29/23 6:19 AM

Post #1,027

Re: #1,026: @subslover - Any reason why this is up over 100%

APRN: "DJ Food-Delivery Startup Wonder to Acquire Meal-Kit Maker Blue Apron, Executives Say -- WSJ"

subslover

09/29/23 6:17 AM

Post #1,026

Re: #1,024: @SmellMyFinger - Don't wish harm on others.

Any reason why this is up over 100% pre-market? I can't find any news

OKskyJUMPER Free

09/27/23 10:37 AM

Post #1,025

Re: #1,022: @SmellMyFinger - Dude, two months late? How helpful is that?!?

Ok well I am trying to find something. What do you have that’s not two months late?

SmellMyFinger Free

09/27/23 3:57 AM

Post #1,024

Re: #1,016: @berdboy - HOPE YOU LOADED BIGLY

Don't wish harm on others.

SmellMyFinger Free

09/27/23 3:56 AM

Post #1,023

Re: #1,020: @da_stock_analyst - #APRN 🔥 short squeeze potential for huge move

OK. Short squeeze when? THEN WHAT?

SmellMyFinger Free

09/27/23 3:54 AM

Post #1,022

Re: #1,018: @OKskyJUMPER - Any luck on this one?

Dude, two months late? How helpful is that?!?

SmellMyFinger Free

09/27/23 3:52 AM

Post #1,021

Re: #1,017: @DRHUMI - AS EXPECTED... Take a worthless garbage CEO, combine

You mean Linda Findley Kozlowski? Women can't lead?

da_stock_analyst Free

08/20/23 9:54 AM

Post #1,020

#APRN 🔥 short squeeze potential for huge move this week! $APRN

da_stock_analyst Free

08/20/23 9:06 AM

Post #1,019

On august 12 video drew this on $aprn price target of 9.5 and it happened last friday.congrats if u played it. Www.patreon.com/dastockanalyst

OKskyJUMPER Free

08/14/23 3:52 AM

Post #1,018

Re: #1,000: @Nealio - I sold out my shares; dilution isn't going

Any luck on this one?

DRHUMI

06/20/23 11:56 AM

Post #1,017

AS EXPECTED... Take a worthless garbage CEO, combine her with the BOD she hired that is too scared to FIRE her, and let her do her second RS... What do you get besides a pile of SHIT?

berdboy

06/12/23 11:11 AM

Post #1,016

Re: #1,015: @DRHUMI - This POS stock will CRASH BIGLY Monday morning.

HOPE YOU LOADED BIGLY

DRHUMI

06/11/23 7:04 PM

Post #1,015

This POS stock will CRASH BIGLY Monday morning. Idiot worthless CEO has NOTHING to show for her shit record besides 2 reverse splits.

Bearish

mkr

06/09/23 4:17 PM

Post #1,014

That’s a negative

cash4

06/09/23 3:54 PM

Post #1,013

After market trading $APRN will touch $15

Bullish

cash4

06/09/23 3:27 PM

Post #1,012

Blue Apron Announces Closing of Transaction with FreshRealm to Execute Its Asset-Light Model and Focus on Its Direct-to-Consumer Business
June 09 2023 - 11:35AM
Business Wire
Alert
Print
Tweet Share On Facebook
Transaction Valued up to $50 Million with Approximately $25 Million of Upfront Cash Received

Blue Apron Eliminates Its Debt and Continues to Drive Additional Cash Burn Reduction Initiatives

Blue Apron (NYSE: APRN) closed its previously announced transaction with FreshRealm. Under the definitive agreements entered into today, Blue Apron transferred its operational infrastructure to FreshRealm, including fulfillment centers, equipment, know-how and related personnel. Blue Apron received approximately $25 million of upfront cash, subject to certain adjustments, and is eligible to receive up to $25 million of value upon the achievement of certain milestones.

Blue Apron is now an asset-light company, focused on the growth of its direct-to-consumer business. The Company plans to continue to build its strong brand and deliver the high-quality products its customers have come to love. In addition, Blue Apron expects to accelerate the expansion of its product offerings, including the addition of new convenient options.

With a portion of the proceeds of the transaction, Blue Apron also completed the repayment of all its outstanding senior secured notes. With this payment, Blue Apron eliminated its debt.

In moving to an asset-light model, Blue Apron plans to execute further streamlining of its business, which includes reduced headcount and administrative costs, and drive additional cost savings and continued year-over-year cash burn reduction beyond the initiatives disclosed in December 2022.

With the ability to focus on the brand, marketing, product and consumer experience, Blue Apron expects to be more agile, which will facilitate faster decision making, enhance its balance sheet and reduce PTG&A costs. The Company believes this will allow it to get to profitability quicker.

Blue Apron plans to provide an update on its profitability goals and future plans on its second quarter 2023 earnings call.

Transaction Details

Under the definitive agreements for the transactions, Blue Apron sold to FreshRealm the assets and business related to its operational infrastructure, in exchange for (i) approximately $25 million of cash upfront, subject to adjustment for certain liabilities, (ii) a $3.5 million note payable by FreshRealm to Blue Apron, which is subject to offset for certain indemnification obligations, (iii) a $4 million contingent cash payment, conditioned on achievement of certain operational and financial milestones by Blue Apron, and (iv) up to an additional $17.5 million in rebates against payments under the production and fulfillment agreement that can be earned by Blue Apron for volume based on meal kits ordered by customers and new product initiatives.

Blue Apron and FreshRealm also entered into a production and fulfillment agreement with an initial term of 10 years, under which FreshRealm will be the exclusive supplier of Blue Apron’s meal kits.

In addition, Blue Apron and FreshRealm entered into license agreements, under which Blue Apron licensed to FreshRealm certain rights regarding the ability to use the Blue Apron brand in certain retail channels and the right to use certain Blue Apron software.

In connection with the closing of the transactions, Blue Apron entered into subleases with FreshRealm for its Richmond, California and Linden, New Jersey facilities.

Blue Apron issued to FreshRealm a warrant to purchase shares of Blue Apron common stock representing 19.9% of the Company’s outstanding common stock, with an exercise price of $0.01 per share. Blue Apron agreed to grant to FreshRealm certain registration rights with respect to the warrant shares, and FreshRealm agreed to an 18-month lockup, subject to certain exceptions.

The transactions were approved by the Board of Directors of both companies.

About Blue Apron

Blue Apron’s vision is Better Living Through Better Food™. Launched in 2012, Blue Apron offers fresh, chef-designed meals that empower home cooks to embrace their culinary curiosity, challenge their abilities in the kitchen and see what a difference cooking quality food can make in their lives. Blue Apron is focused on bringing incredible recipes to its customers, deepening its commitment to its employees, continuing to reduce food and packaging waste, and addressing its carbon impact. Visit blueapron.com to learn more.

cash4

06/09/23 3:23 PM

Post #1,011

My bad $10.50 lol

Bullish

cash4

06/09/23 3:21 PM

Post #1,010

Here comes $10

Bullish

cash4

06/09/23 3:03 PM

Post #1,009

Something tells me you all lost your shares for cheap $APRN +70% .LMFAO

SmellMyFinger Free

06/07/23 11:21 AM

Post #1,008

Ugh, 1:12 R/S occurs tomorrow. No fractional shares.

TheFinalCD PremiumMember

05/16/23 8:09 AM

Post #1,007

Re: #1,005: @cash4 - Damnnnnnn, it hit 59 cents in a blink

.61 THIS MORN OFF THIS NEWS https://finance.yahoo.com/news/blue-apron-announces-plans-shift-113000526.html

Trappatonii Free

05/11/23 11:52 AM

Post #1,006

cash4

05/01/23 10:46 AM

Post #1,005

Damnnnnnn, it hit 59 cents in a blink with very small buying pressure, Do not sleep on this powerful Meme stock, squeeze is imminent, and quarterly results will be announced on May 4th before market, you better get on board $APRN will hit $1 in no time.

Bullish

cash4

04/28/23 3:40 PM

Post #1,004

$APRN finally hit bottom, nice reversal on the way, 70% short, we should see a nice squeeze past $1 next week.

Bullish

SmellMyFinger Free

04/25/23 1:23 PM

Post #1,003

Re: #1,002: @Atlanta1 - yes, "loosing" money is a terrible thing.

Hey, maybe he/she/they went to a private school.

Atlanta1

04/16/23 12:10 PM

Post #1,002

Re: #1,001: @KeepOn - There seems to be no bottom for these

yes, "loosing" money is a terrible thing.

so is our public school system.....

$APRN

Bullish

KeepOn

04/14/23 10:52 PM

Post #1,001

Re: #842: @Odiwon - Lmao again cause I thought there were more

There seems to be no bottom for these kinds of stocks. They just keep loosing money.

Nealio

04/14/23 4:23 PM

Post #1,000

I sold out my shares; dilution isn't going to take this thing anywhere until some increased revenues show up, or profits... dare I say...may buy back in after it settles.

carusso

03/09/23 6:52 AM

Post #999

So, when is that guy gonna honor his promise to buy shares at $5.65(?)?

carusso

03/07/23 9:19 AM

Post #998

If they had any Sense, they’d would offer some packages free of pork products...

carusso

03/02/23 7:21 PM

Post #997

“Blue Apron Announces NYSE Acceptance of Continued Listing Compliance Plan” 3/2/2023

berdboy

03/02/23 6:24 PM

Post #996

NEWS OUT

Bullish

carusso

02/23/23 9:17 AM

Post #995

Re: #994: @sweetdwilly - Agree. It is all speculative right now. APRN

GLTA!

sweetdwilly Free

02/22/23 9:26 AM

Post #994

Re: #993: @carusso - But if what’s-his-name steps in and buys one

Agree. It is all speculative right now. APRN is playing their cards right. Very good chance we may not see dilution on the retail level I agree. We will see. Either way it is heavy on the radar. APRN$

carusso

02/22/23 8:23 AM

Post #993

Re: #992: @sweetdwilly - News on APRN is obvious short propaganda. However

But if what’s-his-name steps in and buys one of the tranches he committed to, shorts will get crushed.

sweetdwilly Free

02/21/23 8:32 PM

Post #992

Re: #991: @Lonewolf1 - The good thing is that Chan’s MMs have

News on APRN is obvious short propaganda. However dilution will obviously bring this lower and once the Dilution MMs are unleashed short sellers will get on board so we can expect lower PPS. But IMO this company will survive and not only survive thrive and the PPS will rise overtime but short term not looking good. I am watching intently for the bottom. Thinking about 60 cents. But that maybe lower or slightly higher. Mainly because of demand and dilution will most likely killl demand short term.