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Wag! Group Faces Nasdaq Delisting Amid Bankruptcy

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Wag! Group Faces Nasdaq Delisting Amid Bankruptcy

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The latest announcement is out from Wag! Group ( (PET) ).

On July 23, 2025, Wag! Group received a delisting notice from Nasdaq due to its Chapter 11 bankruptcy filing on July 21, 2025, and failure to meet several Nasdaq listing requirements. As a result, the company’s common stock and warrants will be suspended from Nasdaq on July 30, 2025, and are expected to trade on the Pink Open Market, which may lead to reduced liquidity and trading prices. The reorganization plan involves issuing 100% of the company’s new shares to Retriever LLC, while canceling all existing equity interests.

The most recent analyst rating on (PET) stock is a Buy with a $1.50 price target. To see the full list of analyst forecasts on Wag! Group stock, see the PET Stock Forecast page.

Spark’s Take on PET Stock

According to Spark, TipRanks’ AI Analyst, PET is a Neutral.

Wag! Group’s stock score is heavily impacted by poor financial performance and negative corporate events, including bankruptcy proceedings. While technical indicators and earnings call provide some neutral to slightly positive insights, the overwhelming financial challenges dominate the assessment.

To see Spark’s full report on PET stock, click here.

More about Wag! Group

Average Trading Volume: 8,578,429

Technical Sentiment Signal: Sell

Current Market Cap: $6.34M

For an in-depth examination of PET stock, go to TipRanks’ Overview page.

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