Debt Burdens, Revenue Drop Led Pet Care App Wag! To Ch. 11

By Yun Park · July 25, 2025, 3:35 PM EDT

Persistent unprofitability, revenue declines related to the COVID-19 pandemic, mounting debt and failed restructuring efforts led the company behind pet care app Wag! to file for bankruptcy. ...

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Bankruptcy Scorecard

Summary

The pet care app Wag! filed for bankruptcy, saying it expects to have a prepackaged restructuring plan confirmed in just over a month that will transfer ownership of the publicly traded company to its secured lender.

Case Number

25-11358

Judge

Thomas M. Horan

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$23.3 million

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Documents

Related Sections

Case Information

Case Title

Wag! Group Co.

Case Number

1:25-bk-11358

Court

Delaware

Nature of Suit

Date Filed

July 21, 2025

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