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• A judicial document states that the range of assets and liabilities is between $50 and $100 million.

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• Character Technologies Inc. (Character.AI) filed for Chapter 11 protection in the United States on 12 October 2026.

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• Character.AI said that it would keep the platform running during the sale process but would liquidate it if no buyer emerges.

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• The 2024 agreement was a non‑exclusive technology license with Google, and the co‑founders Noam Shazeer and Daniel De Freitas, along with about 30 researchers, returned to Google.

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• The figure of $2.7 billion cited by some sources is a journalistic valuation, not a contractual public price.

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• The sale process is expected to conclude by late November or early December 2026.

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• Walt Disney Co. submitted an initial offer of $20 million for certain assets of Character.AI.

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