Corporate ActionJun 11, 2026, 04:52 PM
Allbirds Increases ATM Offering by $48.1M
AI Summary
Allbirds, Inc. announced an increase in its "at the market" (ATM) offering program for Class A common stock. The company filed a prospectus supplement to register the offer and sale of an additional aggregate amount of up to $48.1 million in Class A common stock. This new offering is separate from shares previously sold under the existing sales agreement with Chardan Capital Markets LLC.
Key Highlights
- Allbirds increased the maximum aggregate offering price for its Class A Common Stock Sales Agreement.
- The company registered the offer and sale of an additional $48,100,000 in Class A common stock.
- The offering is conducted through an "at the market offering" program with Chardan Capital Markets LLC.
- This additional amount does not include shares previously sold under the Sales Agreement.
Price Impact
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