Technology-products distributor WYNIT, which closed its Greenville, S.C., headquarters unexpectedly Aug. 25, has filed for bankruptcy, citing more than $106 million in outstanding debts, the Greenville News reported today. Top among the now Minnesota-based company's creditors is Fitbit Inc., at $31 million. Chief Operating Officer Pete Richichi filed the paperwork in Minnesota bankruptcy court on Sept. 6. He and WYNIT's president and founder, Geoffrey Lewis, are listed as 50-50 owners of the enterprise. "Due to a number of unexpected financial issues combined with a disappointing holiday selling season, WYNIT Distribution LLC announced a reorganization today that will close its Wholesale Distribution Division based locally," a statement from the company said at the time. WYNIT Distribution was a marketing, distribution and logistics company that launched in 1987. With operations in Minnesota, Tennessee, Nevada and Ontario, the company delivered high-tech goods such as 3-D printers, drones and software to companies around the country.
