Elizabeth Holmes will get to celebrate one last Memorial Day weekend before beginning her 11.25-year prison sentence.
The disgraced Theranos founder is expected to surrender to Federal Prison Camp in Bryan, TX by 2 p.m. on May 30. Her original surrender date was April 27, but Holmes managed to delay her sentence with a last-minute appeal. Her co-conspirator, Ramesh "Sunny" Balwani, began serving his 12.9-year sentence on April 20.
In requesting May 30 as her new report date, Holmes' lawyers cited that she was making preparations, including arranging medical and child care for her two children, as well as out-of-state travel to the Federal Prison Camp in Texas. Holmes became pregnant with her son, William, shortly before the start of her trial in September 2021 and became pregnant with her daughter, Invicta, shortly after she was convicted on four counts of investor fraud and conspiracy. Earllier this year, Holmes cited the birth of her second child as a reason to delay her prison sentence.
Holmes was also ordered to pay $452 million in restitution.
The seven-year corporate scandal surrounding Theranos and Holmes was so full of intrigue it inspired a best-selling book, an award-winning podcast, an HBO documentary, and a Hulu series.
An inmate handbook details the routine and rules Holmes will be expected to follow during her sentence, including a 6 a.m. wakeup time.
