Bark Inc.’s Special Committee has provided an update on the ongoing review of proposals to acquire the company. The committee, which consists of independent and disinterested directors, is evaluating all offers, including a preliminary non-binding proposal from Great Dane Ventures, LLC and affiliated stockholders, led by CEO Matt Meeker. This proposal involves acquiring all outstanding shares not already owned by the group for $0.90 per share in cash. The Special Committee emphasized it is carefully considering all options and proposals to maximize value for shareholders, but noted that there is no assurance any agreement will be reached or 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 Business Wire (Ref. ID: 202602131725BIZWIRE_USPR_____20260213_BW762621) on February 13, 2026, and is solely responsible for the information contained therein.