---
schema_version: "secwatch.filing_event.v1"
accession: "0001130713-25-000012"
form_type: "8-K"
ticker: "BBBY"
cik: "0001130713"
company_name: "BED BATH & BEYOND, INC."
filed_at: "2025-02-05T23:59:59+00:00"
generated_at: "2026-05-27T02:23:01.813490+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Beyond, Inc. obtains ~40% stake in Kirkland's after debt conversion and $8M investment

## Summary
- Kirkland's stockholders approved conversion of $8.5M convertible debt (plus accrued interest) held by Beyond into common stock.
- Stockholders also approved Beyond's $8M investment in Kirkland's for common shares per Subscription Agreement.
- Beyond now owns approximately 40% of Kirkland's outstanding common stock.
- Beyond has right to designate two independent directors to Kirkland's board as long as it holds at least 20% ownership.
- Beyond also has right to appoint one non-voting observer to Kirkland's board as long as it holds at least 5% ownership.

## SEC filing metadata
- accession: 0001130713-25-000012
- form_type: 8-K
- ticker: BBBY
- cik: 0001130713
- company_name: BED BATH & BEYOND, INC.
- filed_at: 2025-02-05T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1130713/000113071325000012/0001130713-25-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1130713/000113071325000012/ostk-20250205.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001130713-25-000012
- JSON: https://secwatch.observer/filing/0001130713-25-000012.json
- Plain text: https://secwatch.observer/filing/0001130713-25-000012.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.