Bark, Inc. 8-K

What Happened
Bark, Inc. (BARK) announced on January 9, 2026 that it received a preliminary, non‑binding proposal from Great Dane Ventures, LLC — a group of current Bark stockholders — to acquire all outstanding shares not already owned by the group for $0.90 per share in an all‑cash transaction. The Stockholder Group includes Matt Meeker (Bark’s CEO and Executive Chairman), RRE Ventures, Resolute Ventures, Founders Circle Capital and Ironbound Partners Fund. The Company filed an 8‑K and said the Board has formed a special committee of independent and disinterested directors to evaluate the proposal and any other offers.

Key Details

• Proposal price: $0.90 per share, all‑cash.
• Proposal date / filing: announced and filed in an 8‑K on January 9, 2026.
• Bidder: Great Dane Ventures, a group of existing stockholders that includes CEO Matt Meeker.
• Board action: special committee of independent, disinterested directors formed to evaluate the proposal and other potential offers.

Why It Matters
This is a potential buyout proposal that could materially affect Bark’s stock price and ownership if pursued. Because the CEO is part of the proposing group, the Board’s independent special committee is intended to protect the interests of all shareholders by objectively evaluating the offer and soliciting or considering other proposals. The proposal is preliminary and non‑binding; there is no assurance of a transaction and the company will provide updates as the review proceeds.