Former Packable debtors report $136,969 net loss for March

By Sarah Lizee

Olympia, Wash., April 19 – Pack Liquidating, LLC, formerly Packable Holdings, LLC, and affiliated debtors reported a $136,969 net loss for March on zero total revenue, according to their monthly operating report filed Friday with the U.S. Bankruptcy Court for the District of Delaware.

To compare, the debtors reported a $136,095 net loss for February on zero total revenue.

The debtors posted $266,000 in cash and cash equivalents at the end of March, up from $143,000 at the end of February.

Packable is a Hauppauge, N.Y.-based e-commerce company that operates as a third-party seller of health, beauty and other consumer products on online marketplaces. The company filed bankruptcy on Aug. 28, 2022 under Chapter 11 case number 22-10797.

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