DNA Test Firm 23andMe files, documents for bankruptcy as required

Bhanvi Satija, Anusha Shah and Surbhi by Misra

(Reuters) -23andme Sunday -23Andme caused 2023 information violations caused by weak demand and 2023 information violations caused by 2023 information violations.

The company’s shares, Trading Anne Wojcicki, who made many failed signs on Monday, resigned as CEO. 23AndMe did not say whether other interested bidders. It will continue to operate during sales, financing $ 35 million over the weekend.

Officials, including the California Prosecutor General Rob Bonta, 23AndMe said that the company’s privacy policy could be sold to other companies. The company said the bankruptcy process would not affect the customer information, manage or protects.

The market value of $ 2.5 billion was worth $ 2.5 billion in 2021 and its market value of $ 2.5 billion in 2021, which was $ 2.5 billion in 2021, 23Andstonme and his black stone worth $ 6 billion.

Sales of consumer sets are often taken during the holiday season, but 23antme has been struggling to keep customers for themselves because they have seen a small cause of people. Bernstein analysts said that the market of ancestral test sets could be close to the scale.

In 2023, hackers announced the personal information of about 7 million 23Andme in a five-month period by increasing the major blow and growth problems to the company’s reputation. Customers raised the alarmed alarm in connection with how disputes and DNA-test firms management.

23Andme In the end of the last year, in the late last year, a violated case against a violation of $ 30 million in a solution.

The San Francisco-based company also laid 200 employees and stopped the development of all treatments as part of the overhaul.

Wojcicki has been pushing for a purchase since last year, but with 23AndMe’s board. It was reported that Sergei Brin, one of his contacts, including former husbands and Google co-founder Sergei Brin to help. It will be replaced by Joe Sellavage, the main basis of the main basis.

Wojcicki, on Monday, in an article in X, the other is intended to make another offer, without information. The last offer of 41 cents per share estimated about $ 11 million.