secwatch.observer — SEC 8-K summary
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Issuer:     BED BATH & BEYOND, INC. (BBBY)
CIK:        0001130713
Form:       8-K
Filed at:   2026-10-06T20:05:28+00:00
Accession:  0001140361-26-038800
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Neighborhood Intelligence raises $42.6M in registered direct offering; cuts ATM program to $75M
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- Registered direct offering closed Oct 6, 2026: 10,881,192 shares at $2.76 plus pre-funded warrants for 5,241,997 shares at $2.759; net proceeds ~$42.6M.
- Common Warrants to purchase up to 16,123,189 shares at $3.45 exercise price, exercisable 6 months after issuance and expiring 5 years from initial exercise date.
- ATM program maximum reduced from $200M to $75M via Amendment No. 1 to Capital on Demand Sales Agreement with JonesTrading; prospectus supplement filed Oct 5, 2026.
- Proceeds to accelerate merger synergies, build inventory, and for working capital; Rodman & Renshaw gets 5.75% cash fee, $65,000 legal, $15,950 clearing, 494,565 warrants.
- CEO Marcus Lemonis bought 362,319 shares at $2.76 (Oct 2 closing price); directors/officers and company agreed to 90-day lock-ups; company barred from new ATM/variable-rate deals for 6 months.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1130713/000114036126038800/0001140361-26-038800-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1130713/000114036126038800/ef20083351_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-038800

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