1. Corporate Finance

SmileDirectClub files for Chapter 11 bankruptcy

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Dive Brief

The dental company’s financial issues partially stemmed from the COVID-19 pandemic. Now it plans to liquidate if it can’t find a buyer.

Published Oct. 2, 2023

SmileDirectClub branded napkin, retainer holder and mirror on a table

A SmileDirectClub display from a Beverly Hills, California, event. The company saw revenue decrease 37.3% between 2019 and 2022.

Presley Ann / Stringer via Getty Images

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