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SUBSEQUENT EVENT
4 Months Ended
May 24, 2025
SUBSEQUENT EVENT  
SUBSEQUENT EVENT

10.

SUBSEQUENT EVENT

During the second quarter of 2025, Ocado International Holdings Limited and Ocado Group plc (“Ocado”) drew down the entire $152 from its letter of credit under the Amended and Restated Partnership Framework Agreement. The Company is currently undertaking a comprehensive review of its eCommerce operations and reviewing all aspects of the business to drive growth by both improving the customer experience while improving profitability. The outcome of this review could have a material effect on our financial statements.