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Former Vice Group reports $4.78 million net loss for January
By Sarah Lizee
Olympia, Wash., Feb. 28 – Venus Liquidation Inc., formerly Vice Group Holding Inc., reported an $4.78 million net loss for January on zero gross income/sales, according to a monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the Southern District of New York.
To compare, the company reported an $11.66 million net loss for December on zero gross income/sales.
The cash balance at the end of January was $6.46 million, down from $11.24 million at the end of December.
Vice is a global multi-platform media company with headquarters in Brooklyn, N.Y. The company filed bankruptcy on May 15, 2023 under Chapter 11 case number 23-10767.
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