BNED sets May 14 record date for rights offering at $0.05/share, non-transferable

Barnes & Noble Education, Inc.

Record date for non-transferable rights offering is May 14, 2024; subscription price $0.05 per whole share.
Each share held on record date receives one subscription right; rights are non-transferable and not listed.
Subscription period expected to start shortly after record date and run for 16 days.
Over-subscription right available for fully-exercising holders to purchase unsubscribed shares.
Company intends to issue final subscription ratio and timing via future press release or 8-K.

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