Business Wire·Mar 26, 2026, 4:05 PM ET

BARK Announces Annual Meeting Results and Alignment with Continued Operational Progress and Long-Term Stockholder Value

BARK, Inc. shareholders approved a 1-for-20 reverse stock split at the Annual Meeting on March 25, 2026.
The split aims to increase the per-share trading price to regain compliance with NYSE minimum bid price requirements.
The Reverse Stock Split is anticipated to become effective on April 1, 2026, with split-adjusted trading commencing at market open that day.
BARK views maintaining its NYSE listing as crucial for liquidity, price transparency, & access to a broad investor base.
The company believes the split may improve marketability to institutional investors & the general investing public.
Additional details regarding the split will be filed in a Current Report on Form 8-K with the SEC.
This announcement follows operational updates disclosed on March 23, 2026, including cost structure streamlining expected to yield up to $28 million in annualized savings.
BARK disclosed paying approximately $15.4 million in incremental tariffs, with $10.5 million allocated to cost of goods sold for the fiscal year ending March 31, 2026.
The Board & management remain focused on sustainable value creation through disciplined execution & capital allocation.