Blue Apron Holdings Inc.Blue Apron Holdings Inc.Blue Apron Holdings Inc.
DelistedDelistedDelisted

Blue Apron Holdings Inc.

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About Blue Apron Holdings Inc.


CEO
Linda Findley
Headquarters
New York
Founded
2012
Blue Apron is a grocery delivery service company that offers fresh, chef-designed recipes to customers. The company's weekly subscription service delivers everything that the customers need to make fresh meals, including shopping for its customers at wholesale and delivering all the ingredients in specific proportions, along with printed recipe cards. It also offers its customers two flexible plans, a 2-Serving Plan; and a Family Plan. Blue Apron's recipes are accompanied by printed and digital content, including how-to-cook instructions and the stories of its suppliers and specialty ingredients. Blue Apron also sells wine, cooking tools, utensils, and pantry items.
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Delisting occurs when a security is removed from a stock exchange, either voluntarily or involuntarily. It happens for various reasons: some companies do it as they cease all operations, others opt for it as the result of bankruptcy. Among other reasons there are merging with another company, failing to meet listing requirements, or the transition to private ownership.
A stock's fate depends on the way the company delisted. If it delisted voluntarily, its shareholders typically receive cash as a buyout or corresponding shares in the acquiring company. However, when a company is forced to delist, shareholders have to either find a buyer on the exchange, or keep holding shares of an unlisted company.
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