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Published on 3/22/2024 in the Prospect News Distressed Debt Daily.

Hello Bello debtors give operating results for February

By Sarah Lizee

Olympia, Wash., March 22 – Hello Bello and its affiliated debtors reported a $3,428.74 net loss on zero net revenue for February, according to their monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.

To compare, the companies reported a $2.53 million net loss for January on zero net revenue.

The debtors reported $7.25 million in cash and cash equivalents at the end of February, down from $9.02 million at the end of January.

Pacific Palisades, Calif.-based Hello Bello filed Chapter 11 bankruptcy on Oct. 23 under case number 23-11759.


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