Allbirds secures $75M credit facility and $50M ATM equity program

Allbirds, Inc.

New $50M asset-based revolving credit facility with $25M accordion (total $75M), replacing prior $50M facility maturing April 2026.
Facility priced at SOFR+575 bps, matures June 30, 2028; proceeds for general corporate purposes.
ATM sales agreement with TD Cowen for up to $50M of Class A common stock; registration for $22.5M filed but not yet effective.
Prior $50M revolving credit facility with JPMorgan Chase terminated upon repayment.
Company reported $39.1M cash as of March 31, 2025; CFO says actions enhance capital structure.

item 1.01item 1.02item 2.03item 7.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.