Leslie's, Inc.
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See all $LESL insider activity →Leslie's, a major U.S. pool supply company, filed for Chapter 11 bankruptcy, closing 76 stores, including 8 in the Bay Area. The company plans to cut 90% of its debt and secure $150M in new capital, aiming to emerge from bankruptcy by early 2027. Leslie's will operate around 900 stores nationwide after closures.
Leslie's (LESL) shares dropped 35.88% in after-hours trading to $0.065 after Nasdaq notified the company of its plan to delist the stock due to its Chapter 11 bankruptcy filing. The company has a market cap of $927,890 and has secured $90M in financing. Trading is set to be suspended on Oct. 6, with no appeal requested.
Nasdaq notified Leslie's (LESL) it will delist its common stock due to Chapter 11 bankruptcy. Trading will halt on October 6, 2026, with no hearing requested. Shares may trade on OTC Markets afterward, according to the company.
Bankruptcy and store closures signal near-term demand and execution risk, while the $150 million capital raise frames a path to reemergence.
Delisting suspension will likely drive the stock sharply lower as investors exit.
Delisting will force shares to move to OTC, likely causing sharp sell pressure.
The new financing provides liquidity but underscores ongoing bankruptcy risk, likely weighing on the stock.
The new senior secured DIP facilities provide critical liquidity for the bankruptcy plan but increase the company's debt load.
AlphAI scores every news story that mentions LESL with an AI model for sentiment and relevance, and aggregates insider trades from Leslie's, Inc.'s SEC EDGAR Form 4 filings. Figures refresh continuously.
Leslie's, a major U.S. pool supply company, filed for Chapter 11 bankruptcy, closing 76 stores, including 8 in the Bay Area. The company plans to cut 90% of its debt and secure $150M in new capital, aiming to emerge from bankruptcy by early 2027. Leslie's will operate around 900 stores nationwide after closures.
3 min readLeslie's (LESL) shares dropped 35.88% in after-hours trading to $0.065 after Nasdaq notified the company of its plan to delist the stock due to its Chapter 11 bankruptcy filing. The company has a market cap of $927,890 and has secured $90M in financing. Trading is set to be suspended on Oct. 6, with no appeal requested.
2 min readNasdaq notified Leslie's (LESL) it will delist its common stock due to Chapter 11 bankruptcy. Trading will halt on October 6, 2026, with no hearing requested. Shares may trade on OTC Markets afterward, according to the company.
1 min readLeslie's (LESL) secured $315 million in DIP financing, including a $90 million term loan and a $225 million revolving facility, to support its Chapter 11 process. The company also entered a restructuring support agreement with key lenders to expedite the court process and strengthen its capital structure.
1 min readLeslie's, Inc. (LESL) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Item 1.01. Entry into a Material Definitive Agreement As previously reported, on September 30, 2026 (the “Petition Date”), Leslie’s, Inc. (the “Company”) and its subsidiaries Leslie’s Poolmart, Inc., Cortz, Inc., LPM Manufacturing, Inc., Horizon Spa & Pool Parts, Inc., Hot Tub Wo
2 min readLeslie's Inc., a pool and spa service provider, filed for Chapter 11 bankruptcy and plans to close 76 stores. The company expects to emerge from bankruptcy in early 2027, majority-owned by its existing lenders. Leslie's will receive $90 million in new DIP financing and $60 million in equity financing, reducing its debt by $685 million. All stores will remain open during the restructuring process, and customer programs will continue.
1 min readLeslie’s stock dropped 23.1% to $0.112 in pre-market trading ahead of its Nasdaq delisting on October 6, 2026, due to falling below the $1 minimum price. The company filed for Chapter 11 bankruptcy, canceling all common equity and transferring ownership to lenders. Fiscal Q3 2026 revenue fell 8.4% year-over-year to $458.5 million, and the company withdrew its full-year guidance.
2 min readLeslie's Inc., a pool and spa service provider, filed for Chapter 11 bankruptcy, aiming to emerge in early 2027 with lenders as majority owners. The company will close 76 stores and secure $90 million in DIP financing, reducing debt by 90%. Operations will continue during restructuring, with gift cards and loyalty programs honored.
2 min readNasdaq will suspend trading of Leslie’s (LESL) stock on October 6 due to its share price falling below the $1 minimum bid requirement. The company, which filed for Chapter 11 bankruptcy on September 30, plans to eliminate $685 million in debt and cancel all existing common equity, leaving shareholders with no recovery. LESL may trade over-the-counter post-delisting, but these shares will not represent ownership in the reorganized company.
2 min readLeslie's, Inc. (LESL) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Exhibit 99.1 PRESS RELEASE Leslie’s Announces Strategic Transaction to Strengthen Financial Foundation and Position the Company for the Future Enters into Restructuring Support Agreement to eliminate approximately 90% of debt and secure $150 million of new capital, including $90
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