Fathom Holdings Inc.

Fathom Holdings Inc. announced the compensation arrangements for its recently appointed interim officers. Interim Chief Executive Officer Adam Rothstein will receive a salary of $30,000 per month. Interim Chief Financial Officer Daniel Weinmann entered into an employment agreement providing a base salary of $300,000 per year, with a target annual bonus of up to 30% of his base salary. The agreement also outlines severance terms for Mr. Weinmann.

Fathom Holdings Inc. has entered into a definitive merger agreement to be acquired by Bed Bath & Beyond, Inc. in an all-stock transaction valued at approximately $53.38 million. The deal, which involves an exchange ratio of 0.2236 shares of Bed Bath & Beyond common stock for each Fathom share, aims to integrate Fathom's real estate technology platform into Bed Bath & Beyond's "Everything Home" strategy. The combination is expected to expand Fathom's market reach, enhance technology investments, and create cross-selling synergies. Concurrently, Fathom announced Adam Rothstein as Interim CEO and Daniel Weinmann as CFO.

Fathom Holdings Inc. has amended its financing agreements. The company increased its bridge note principal with BBBY by $1 million to $3.04 million and amended its senior secured convertible notes to raise the minimum interest rate floor to 10%. A default interest rate of 18% will apply until the overdue Q1 2026 financial filing is submitted. Holders have waived existing defaults until October 1, 2026, but failure to file by then could lead to debt acceleration.

Fathom Holdings Inc. received a notification from Nasdaq for non-compliance with Listing Rule 5250(c)(1) due to the late filing of its Quarterly Report on Form 10-Q for the period ended March 31, 2026. The company has 60 calendar days, until July 21, 2026, to submit a plan to regain compliance. If accepted, Nasdaq may grant an extension of up to 180 days, until November 11, 2026. The notice has no immediate effect on the company's stock listing or trading, and Fathom Holdings intends to file the Form 10-Q promptly.

Fathom Holdings Inc. filed an Amendment No. 1 to its 2025 Form 10-K to provide previously omitted Part III information, including details on directors, executive compensation, security ownership, and related party transactions. This amendment was filed because the company will not meet the deadline for its definitive proxy statement. Key disclosures include executive and director compensation for 2025, the $15.0 million sale of Dagley Insurance Agency, and a $5.0 million note financing in 2024.

Fathom Holdings Inc. received a notice from Nasdaq indicating non-compliance with the minimum bid price requirement. The company's common stock traded below $1.00 per share for 30 consecutive business days, violating Nasdaq Listing Rule 5550(a)(2). Fathom has a 180-day compliance period, until October 7, 2026, to regain compliance by having its stock close at or above $1.00 for at least ten consecutive business days. Failure to comply could lead to delisting, although an additional compliance period or an appeal process may be available.