Aterian Divests Assets, Declares CVR Dividend

Aterian, Inc. announced the sale of substantially all assets of its consumer products business to Trademark Global, LLC for $18 million, subject to adjustments. Concurrently, David E. Lazar agreed to purchase 3.5 million shares of preferred stock. In connection with these transactions, the company's board declared a contingent value rights (CVR) dividend for common stockholders and certain warrant holders as of July 8, 2026. The CVRs will distribute a portion of remaining cash and proceeds from the asset sale and investment, with payments expected by September 4, 2026, though exact timing and amounts are uncertain.