GNK Holdings LLC, together with Marcus Lemonis, has submitted a preliminary, non-binding proposal to acquire BARK, Inc. for $1.10 per share in an all-cash deal. The offer values BARK at an implied enterprise value of approximately $188.7 million, representing a 22% premium over a previous proposal from Great Dane Ventures, LLC. The proposal is subject to confirmatory due diligence, which is expected to be completed within 30 days, and aims for definitive agreements to be executed within approximately five weeks, pending customary conditions. Financing for the deal will be provided through a combination of equity and debt. GNK Holdings and Marcus Lemonis are working with Haynes and Boone, LLP as legal counsel and Palladium Capital Group, LLC for financing and transaction analysis. The proposal remains non-binding and subject to negotiation, and there is no assurance that the transaction will be completed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bark Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9625641) on January 14, 2026, and is solely responsible for the information contained therein.