Neighborhood Intelligence, Fathom terminate merger; NXH to retain tZERO blockchain assets

BED BATH & BEYOND, INC.

NXH and Fathom Holdings (FTHM) mutually agreed to terminate the June 16, 2026 merger agreement on Oct 5, 2026; boards said current valuations don't reflect fair value of either company.
Neighborhood Intelligence will retain ownership and control of its blockchain and digital asset investments, keeping its tZERO stake, saying value isn't reflected in current market valuations.
Q3 2026 business update: gross margin expected to exceed 30%, ahead of prior target; cost reductions and merger synergies progressing faster than originally expected.
Company does not anticipate pursuing additional acquisitions and will prioritize core business, integration and organic growth; NXH and Fathom will explore data-sharing collaboration.

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