Fathom Holdings Inc.

Fathom Holdings Inc. (FTHM) announced a Second Omnibus Amendment to its Senior Secured Convertible Promissory Notes, extending the maturity date to November 1, 2026, and significantly reducing the conversion price to $0.65 per share. The interest rate has been increased to 18% per annum. Concurrently, Fathom and Neighborhood Intelligence, Inc. (NXH) mutually terminated their previously announced merger agreement, citing current valuations not reflecting fair value. Both companies will remain independent but plan to explore strategic collaborations, including data sharing.

Fathom Holdings Inc. reported a widened net loss of $6.2 million for Q2 2026, compared to $3.6 million in Q2 2025, with revenue decreasing to $114.6 million from $121.4 million. For the six months ended June 30, 2026, the net loss increased to $14.4 million from $9.2 million in the prior year. The company disclosed substantial doubt about its ability to continue as a going concern, mitigated by a financial support commitment from Bed Bath & Beyond, Inc. (BBBY).

Fathom Holdings Inc. announced it has regained compliance with Nasdaq's listing requirements. The company previously received a notification on May 22, 2026, for not timely filing its Quarterly Report on Form 10-Q for the period ended March 31, 2026. Following the filing of the Form 10-Q on July 16, 2026, Nasdaq confirmed on July 17, 2026, that Fathom Holdings is now in compliance with Listing Rule 5250(c)(1).

Fathom Holdings Inc. reported a widened net loss of $8.2 million for Q1 2026, compared to $5.6 million in Q1 2025, with revenue decreasing to $86.4 million from $93.1 million. The company disclosed a default on its $5.0 million convertible notes due to a late 10-Q filing, resulting in an increased interest rate of 18% during the default period, though a waiver was obtained until October 1, 2026. To address liquidity concerns and substantial doubt about its ability to continue as a going concern, Fathom secured a $3.0 million subordinated secured promissory note from Bed Bath & Beyond, Inc.

Fathom Holdings Inc. announced it has regained compliance with Nasdaq's minimum bid price requirement. The company was previously notified on April 10, 2026, that its common stock had traded below $1.00 for 30 consecutive business days. On July 6, 2026, Nasdaq confirmed that the company's bid price had been at least $1.00 per share for the preceding 10 consecutive business days, from June 19, 2026, through July 6, 2026, and has closed the matter.

Fathom Holdings Inc. announced an amendment to its Equity Purchase Agreement (EPA) related to the sale of Dagley Insurance Agency, LLC. The $3.0 million 'Third Payment' from the buyer, D6 Holdings, LLC, originally due May 3, 2026, has been deferred and will now be paid in three installments, with the final payment due September 1, 2026. Additionally, Nathan Dagley, the seller, agreed to the cancellation of 278,000 shares of Fathom Holdings common stock. The amendment also includes mutual releases of claims and an obligation for Fathom affiliates to continue utilizing Dagley Insurance's services for four years.

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.