The Latest SPAC News and Rumors: April 3, 2023

Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News:  Boxed files for Chapter 11 bankruptcy

Online Bulk Retailer Boxed Files for Chapter 11 Bankruptcy

Boxed Inc. (NYSE:BOXD), an online bulk retailer that thrived during the pandemic, filed for bankruptcy on Sunday.

The New York-based firm listed as much as $102.6 million in assets and up to $190.4 million in liabilities in a Chapter 11 petition filed in the district of Delaware.

Founded in 2013, the company went public in December 2021 by combining with a special-purpose acquisition company. It’s the latest ex-SPAC to seek bankruptcy protection.