secwatch.observer — SEC 8-K summary
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Issuer:     BED BATH & BEYOND, INC. (BBBY)
CIK:        0001130713
Form:       8-K
Filed at:   2024-04-18T23:59:59+00:00
Accession:  0001130713-24-000024
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Beyond sells Wamsutta brand for $10.25M cash, recovering 48% of BB&B IP cost
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- Sold Wamsutta brand and related IP to Indo Count Global Inc. for $10.25M cash plus assumed liabilities; deal closed April 18.
- Wamsutta IP was acquired June 2023 as part of $21.5M Bed Bath & Beyond brand purchase; sale recovers ~48% of that cost.
- Proceeds provide $10.25M cash to Beyond, Inc.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1130713/000113071324000024/0001130713-24-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1130713/000113071324000024/ostk-20240418.htm
  HTML page:      https://secwatch.observer/filing/0001130713-24-000024

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer