"You even know how to run a company, bro?"
The Electric Foam 5K was supposed to happen at the Myrtle Beach Speedway this past May, but it was canceled at the last minute. The company responsible for the bro-tastic 5K announced yesterday on its website that all scheduled events were canceled and that they were going out of business and filing Chapter 7 bankruptcy.
via Runner's World
"Since March, the Electric Foam 5K had twice rescheduled the first race it had on its race calendar, to be held in Myrtle Beach, South Carolina; with the series' demise, the make-up race won't be held. The May 24 race in Dallas, Texas, and the June 7 race in Columbus, Ohio, were recently canceled due to “unforeseen circumstances” and low registrant numbers, respectively, according to the race website. Before going out of business, the series had rescheduled the May 31 race in Charleston, South Carolina, to June 28 “due to inclement weather and the dangerous conditions,” the Electric Foam site said."
The May 17 race in Madison, Wisconsin, was run, but did not have the advertised foam and ran out of water, according to participants.
ElectricFoam's parent company had recieved a grade 'F' from the Better Business Bureau. Read more over at Runner's World, and make sure to check out the "foam" at the Madison, Wisconsin race -one of the only races to have actually happened.
h/t to /r/MyrtleBeach Redditors for spotting the news.