Wag! Group Co. Completes Bankruptcy Reorganization, Cancels All Pre-Bankruptcy Equity Interests
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Wag! Group Co. has completed its bankruptcy reorganization, confirmed by the U.S. Bankruptcy Court for the District of Delaware on August 29, 2025. The reorganization plan led to the cancellation of all pre-bankruptcy equity interests as of September 1, 2025. Retriever LLC, the sole Class 3 claimant, received 1,000 shares of new common stock and $5 million in new notes, gaining full ownership of the reorganized company. Other creditor classes remain unimpaired under the plan.
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