NEW YORK, July 15, 2022 (GLOBE NEWSWIRE) -- Boxed, Inc. (NYSE:BOXD, BOXD WS))) ("Boxed" or the "Company"), an online platform which sells household consumables in bulk and licenses its e-commerce software to enterprise retailers, today announced the addition of Tsukasa Ojima, Executive Officer, Business Development and Branding at AEON Co. Ltd ("AEON"), one of the world's largest retailers, to its Board of Directors, effective immediately. In September of 2021, Boxed and AEON launched a partnership to use Boxed's proprietary e-commerce technology to power AEON digital capabilities in the Malaysian market. Recently, Boxed announced a signed Memorandum of Understanding with AEON's affilia

Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm The Briscoe Law Firm, PLLC are investigating potential violation of laws in connection with the following special purpose acquisition companies ("SPACs"): BigBear.ai Holdings, Inc. f/k/a GigCapital4 Inc. (NYSE:BBAI), Senti Biosciences, Inc. f/k/a Dynamics Special Purpose Corp (NASDAQGM:SNTI), Tango Therapeutics, Inc. f/k/a BCTG Acquisition Corp (NASDAQGM:TNGX), and Boxed, Inc. f/k/a Seven Oaks Acquisition Corp (NYSE:BOXD). If you are an affected investor, and you want to learn more about this investigation, please contact Willie Briscoe at The Briscoe Law Firm, PLLC, (972) 521

NEW YORK, Feb. 06, 2023 (GLOBE NEWSWIRE) -- Boxed (NYSE:BOXD) ("Boxed" or the "Company"), an e-commerce grocery platform that sells bulk consumables and licenses its e-commerce software to enterprise retailers, today announced an arrangement with Colavita USA to manage the Italian specialty food manufacturer's third party direct-to-consumer logistics, including inventory management, warehousing, and fulfillment. Colavita is family owned and operated since 1938 and present in over 80 countries worldwide. In the major U.S. market, Colavita distributes to retail grocery store chains, specialty food stores, and wholesale suppliers, as well as restaurants, caterers, and other foodservice opera

NEW YORK, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Boxed, Inc. (NYSE:BOXD) ("Boxed" or the "Company"), the technology-driven e-commerce retailer and e-commerce enabler, announced that Spresso, its SaaS modular solution platform has partnered with global enterprise digital commerce platform VTEX. The partnership unlocks Spresso's modular solutions, including Price Optimization and LTV & Churn Prediction, now easily accessible for thousands of VTEX customers across the world. VTEX is committed to supporting its customers with best-in-class solutions that are proven to combat the commerce challenges they face every day. This is why the Spresso partnership is exciting. Through this new partnership,

NEW YORK, Jan. 20, 2023 (GLOBE NEWSWIRE) -- Boxed, Inc. (NYSE:BOXD, BOXD WS))) ("Boxed" or the "Company"), the commerce technology company specializing as both an e-commerce retailer and e-commerce enabler, today announced it entered into a second lien secured term loan facility with a lender (the "Lender") that provided $10 million of new funding to the Company at close. The new facility also provides for an additional $10 million in funding, subject to the completion of certain milestones in a process for the sale of the Company. Concurrently with the financing with the Lender, the Company entered into an amendment to its existing first lien debt facility with funds and accounts managed

NEW YORK, Jan. 10, 2023 (GLOBE NEWSWIRE) -- Boxed, Inc. (NYSE:BOXD) ("Boxed" or the "Company"), the technology-driven company specializing as both an e-commerce retailer and e-commerce enabler, announced that Spresso, its SaaS modular solution platform, is now available on the Google Cloud Marketplace, indicative of a deepening of the partnership between Boxed and Google Cloud. The launch of Spresso on Google Cloud Marketplace unlocks new value for joint customers and creates opportunities for enhanced operational insights for businesses, globally. Google Cloud customers can now take advantage of Spresso's actionable insights driven by advanced analytics, machine learning, and AI to bette

NEW YORK, Jan. 05, 2023 (GLOBE NEWSWIRE) -- Boxed, Inc. (NYSE:BOXD, BOXD WS))) ("Boxed" or the "Company"), the commerce technology company specializing as both an e-commerce retailer and e-commerce enabler, today announced that its Board of Directors (the "Board"), with the support of management and financial and legal advisors, has launched a process to explore strategic alternatives, including, among other alternatives, a possible sale of the Company. In addition, the Company is, in parallel, actively exploring capital raising initiatives, and is targeting the announcement of additional funding within the next 45 days. The Board has retained Cowen and Solomon Partners Securities, LLC

NEW YORK, Jan. 03, 2023 (GLOBE NEWSWIRE) -- Boxed, Inc. (NYSE:BOXD, BOXD WS))) ("Boxed" or the "Company"), the commerce technology company specializing as both an e-commerce retailer and e-commerce enabler, today announced that the Company will participate in a fireside chat discussion at the 25th Annual ICR Conference in Orlando, Florida. Boxed is hosting a fireside chat which will begin at 1:30 p.m. ET on Monday, January 9, 2023. The fireside chat will be webcast live and will be available for replay, and can be found on the "Events & Presentations" section of Boxed's Investor Relations website at https://investors.boxed.com/overview/. About BoxedBoxed is an e-commerce retailer and an

NEW YORK, Nov. 30, 2022 (GLOBE NEWSWIRE) -- Boxed, Inc. (NYSE:BOXD, BOXD WS))) ("Boxed" or the "Company"), the commerce technology company specializing as both an e-commerce retailer and e-commerce enabler, today announced that the Company is participating in the UBS Global TMT Conference in New York City. Boxed is hosting a fireside chat which will begin at 12:30 p.m. ET on Tuesday, December 6, 2022. The fireside chat will be webcast live and will be available for replay, and can be found on the "Events & Presentations" section of Boxed's Investor Relations website at https://investors.boxed.com/overview/. About BoxedBoxed is an e-commerce retailer and an e-commerce enabler. The Company

NEW YORK, Nov. 25, 2022 (GLOBE NEWSWIRE) -- Boxed, Inc. (NYSE:BOXD, BOXD WS))) ("Boxed" or the "Company"), the commerce technology company specializing as both an e-commerce retailer and e-commerce enabler, today announced that the Company received a written letter from the New York Stock Exchange (the "NYSE") that it is not in compliance with Section 802.01B of the NYSE Listed Company Manual because its average global market capitalization over a consecutive 30 trading-day period was less than $50 million and, at the same time, its last reported stockholders' equity was less than $50 million. The Company plans to notify the NYSE by December 8, 2022 that it intends to submit a plan to cur

Retail Gross Profit Increased YoY by 88.8%Retail Gross Margin Increased YoY by 503 Basis PointsGross Merchandise Value Increased YoY by 8.3% to $49.0 millionRetail Net Revenue Increased YoY by 8.9% to $41.6 millionRetail Net Revenue per Active Customer Increased YoY by 38.4% to $336 NEW YORK, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Boxed, Inc. (NYSE:BOXD, BOXD WS))) ("Boxed" or the "Company"), the commerce technology company specializing as both an e-commerce retailer and e-commerce enabler, today reported its financial results for the third quarter ended September 30, 2022. Recent Business Highlights Boxed Progresses On Strategic Vision and Profitability: In August, the Com

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Retail Gross Profit Increased YoY by 88.8%Retail Gross Margin Increased YoY by 503 Basis PointsGross Merchandise Value Increased YoY by 8.3% to $49.0 millionRetail Net Revenue Increased YoY by 8.9% to $41.6 millionRetail Net Revenue per Active Customer Increased YoY by 38.4% to $336 NEW YORK, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Boxed, Inc. (NYSE:BOXD, BOXD WS))) ("Boxed" or the "Company"), the commerce technology company specializing as both an e-commerce retailer and e-commerce enabler, today reported its financial results for the third quarter ended September 30, 2022. Recent Business Highlights Boxed Progresses On Strategic Vision and Profitability: In August, the Com

NEW YORK, Oct. 26, 2022 (GLOBE NEWSWIRE) -- Boxed, Inc. (NYSE:BOXD, BOXD WS))) ("Boxed" or the "Company"), an online platform which sells household consumables in bulk and licenses its e-commerce software through its Spresso Software and Services Division, announced today that it will report results for the third quarter ended September 30, 2022, on Wednesday, November 9, 2022, after market close. Boxed will host a conference call and webcast at 4:30 p.m. ET on the same day to discuss the results. The live webcast can be accessed on the Boxed Investor Relations website at https://investors.boxed.com under "Events & Presentations". The webcast will also be archived and available for replay

Gross Merchandise Value Increased YoY by 19.4% to $52.7 millionRetail Net Revenue Increased YoY by 11.2% to $43.6 millionReveals Strategic Vision to Accelerate Path to Profitability and Positive Free Cash Flow NEW YORK, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Boxed, Inc. (NYSE:BOXD, BOXD WS))) ("Boxed" or the "Company"), the commerce technology company specializing as both an e-commerce retailer and e-commerce enabler, today reported its financial results for the second quarter ended June 30, 2022 and revealed its strategic vision to deliver high-margin growth and an accelerated path to profitability and positive free cash flow. Recent Business Highlights Boxed's Software &

NEW YORK, July 21, 2022 (GLOBE NEWSWIRE) -- Boxed, Inc. (NYSE:BOXD, BOXD WS))) ("Boxed" or the "Company"), an e-commerce grocery platform that sells bulk consumables and licenses its e-commerce software to enterprise retailers, announced today that it will report results for the second quarter ended June 30, 2022, on Tuesday, August 9, 2022, after market close. Boxed will host a conference call and webcast at 4:30 p.m. ET on the same day to discuss the results. The live webcast can be accessed on the Boxed Investor Relations website at https://investors.boxed.com under "Events & Presentations". The webcast will also be archived and available for replay. Investors interested in participati

Gross Merchandise Value ("GMV") Increased YoY by 19.2% to $53.4 millionRetail Net Revenue per Active Customer Increased YoY by 32.4% to $276Net Revenue Increased YoY by 14.1% to $46.6 millionFirst Quarter YoY Gross Profit Growth of 23.7%Maintains Fiscal Year 2022 Guidance NEW YORK, May 10, 2022 (GLOBE NEWSWIRE) -- Boxed, Inc. (NYSE:BOXD, BOXD WS))) ("Boxed" or the "Company"), an e-commerce grocery platform that sells bulk consumables and licenses its e-commerce software to enterprise retailers, today reported its financial results for the first quarter ended March 31, 2022. "We are reporting strong results to start 2022, with growth re-accelerating and a host of exciting developments

NEW YORK, April 19, 2022 (GLOBE NEWSWIRE) -- Boxed, Inc. (NYSE:BOXD, BOXD WS))) ("Boxed" or the "Company"), an e-commerce grocery platform that sells bulk consumables and licenses its e-commerce software to enterprise retailers, announced today that it will report results for the first quarter ended March 31, 2022, on Tuesday, May 10, 2022, after market close. Boxed will host a conference call and webcast at 4:30 p.m. ET on the same day to discuss the results. The live webcast can be accessed on the Boxed Investor Relations website at https://investors.boxed.com under "Events & Presentations". The webcast will also be archived and available for replay. Investors interested in participatin

Completion of Business Combination in December 2021 Delivering Liquidity to Support Growth InvestmentsSuccessful Software & Services Launch Generates $20.3 Million in Fiscal Year 2021 Net RevenueFourth Quarter YoY Gross Profit Growth of 50.4%Fourth Quarter YoY Average Order Value Increased by 11.5% to $131 NEW YORK, March 15, 2022 (GLOBE NEWSWIRE) -- Boxed, Inc. (NYSE:BOXD, BOXD WS))) ("Boxed" or the "Company"), an e-commerce grocery platform that sells bulk consumables and licenses its e-commerce software to enterprise retailers, today reported its financial results for the fourth quarter and fiscal year ended December 31, 2021. "I am proud of how the entire Boxed team executed this ye

NEW YORK, Feb. 22, 2022 (GLOBE NEWSWIRE) -- Boxed, Inc. (NYSE:BOXD, BOXD WS))) ("Boxed" or the "Company"), an e-commerce grocery platform that sells bulk consumables and licenses its e-commerce software to enterprise retailers, announced today that it will report results for the fourth quarter and fiscal year ended December 31, 2021, on Tuesday, March 15, 2022, after market close. Boxed will host a conference call and webcast at 4:30 p.m. ET on the same day to discuss the results. The live webcast can be accessed on the Boxed Investor Relations website at https://investors.boxed.com under "Events & Presentations". The webcast will also be archived and available for replay. Investors inter

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Citigroup downgraded Boxed from Buy to Neutral and set a new price target of $2.00 from $12.00 previously

Wells Fargo initiated coverage of Boxed with a rating of Overweight and set a new price target of $8.00

Citigroup initiated coverage of Boxed with a rating of Buy and set a new price target of $13.00

BTIG initiated coverage of Boxed with a rating of Neutral