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Shift Technologies Inc
2525 16Th Street, Suite 316
Phone: (815) 575-6739p:815 575-6739 SAN FRANCISCO, CA  94103  United States Ticker: SFTGQSFTGQ

Filed for Bankruptcy on 10/9/2023
Case #23-30687, filed in the U.S. Bankruptcy Court for the California Northern Bankruptcy Court (San Francisco)

Business Summary
Shift Technologies, Inc. is a consumer-centric omnichannel retailer transforming the used car industry by leveraging its end-to-end e-commerce platform and retail locations to provide a technology-driven, hassle-free customer experience. The Company’s segments include Retail and Wholesale. The Retail segment represents retail sales of used vehicles through the Company’s e-commerce platform and fees earned on sales of value-added products associated with those vehicle sales, such as vehicle service contracts, asset protection waiver coverage, prepaid maintenance plans, and appearance protection plans. The Wholesale segment represents sales of used vehicles through wholesale auctions or directly to a wholesaler (DTW). Its technology platform provides a seamless consumer experience for buying a car from the search and discover experience on the website to a seamless digitally driven purchase transaction, including financing and vehicle protection products.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
-Yes-Yes---

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
6/30/202312/31/2022YesYesYesYesYes

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Chief Executive Officer, Director AymanMoussa 42 6/9/2023 6/9/2023
Lead Director James E.Skinner 69 8/30/2023 12/9/2022
Director Kimberly H.Sheehy 58 12/9/2022 12/9/2022
Independent Director AdamNash 48 10/1/2020 10/1/2020

Subsidiaries
Business Name Address City State/Province Country
CarLotz Group, Inc. 290 Division Street San Francisco CA United States
Fair Dealer Services, LLC 290 Division Street San Francisco CA United States
Shift Operations LLC 290 Division Street San Francisco CA United States
Shift Platform, Inc. 290 Division Street San Francisco CA United States
Carlotz Inc 3301 W. Moore St. Richmond Virginia United States

Business Names
Business Name
CarLotz California, LLC
Carlotz Inc
CarLotz Logistics, LLC
18 additional Business Names available in full report.

General Information
Number of Employees: 360 (As of 3/30/2023)
Outstanding Shares: 16,992,350 (As of 8/10/2023)
Shareholders: 429
Stock Exchange: OTC
Federal Tax Id: 825325852
Fax Number: (302) 655-5049


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