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BARK Retains Moelis & Company LLC as Financial Advisor to the Special Committee

  • BARK, Inc. retained Moelis & Company LLC as financial advisor & Sidley Austin LLP as legal advisor to assist its Special Committee in evaluating preliminary non-binding proposal letters.
  • On January 9, 2026, Great Dane Ventures, LLC submitted a proposal to acquire all non-owned common shares for $0.90 per share in an all-cash transaction.
  • The Great Dane Group includes CEO Matt Meeker, RRE Ventures, Resolute Ventures, Founders Circle Capital, & Ironbound Partners Fund.
  • On January 14, 2026, GNK Holdings LLC & Marcus Lemonis submitted a proposal to acquire all non-owned common shares for $1.10 per share in an all-cash transaction.
  • The Board cautions that no decision has been made regarding the proposals, & there is no assurance that any definitive offer or agreement will be executed.
  • The Company stated it has no obligation to provide updates on the proposals except as required by law.