Allbirds secures support agreements from holders of ~71% voting power for asset sale

Allbirds, Inc.

Support agreements cover ~71% of voting power (as of Feb 28, 2026) from Maveron, founders, and board members.
Parties agree to vote all their shares in favor of the asset sale and related proposals at the special meeting.
The asset sale, previously announced March 29, 2026, involves Allbirds IP LLC (affiliated with American Exchange Group).
Allbirds will file a proxy statement and hold a special meeting for stockholder approval of the sale.
The Board recommends that stockholders approve the Asset Purchase Agreement and the asset sale.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Allbirds, Inc. entered into Support Agreement with Maveron, Joey Zwillinger, Tim Brown, Dick Boyce valued at Stockholders holding aggregate voting power of approximately 71% as of February 28, 2026 (effective 2026-04-08).

Action: entry
Counterparty: Maveron, Joey Zwillinger, Tim Brown, Dick Boyce
Value: Stockholders holding aggregate voting power of approximately 71% as of February 28, 2026
Effective: 2026-04-08

Exact text from the filing

On April 8, 2026, in furtherance of the approval by the Company’s stockholders of the Asset Sale and other matters to be presented at the Special Meeting, the Company has entered into Support Agreements with stockholders holding aggregate voting power of approximately 71% (as of February 28, 2026), including entities affiliated with Maveron, a holder of greater than 5% of our Class B common stock, Joey Zwillinger, Tim Brown, and Dick Boyce, each of whom are also members of our Board (or in the case of Maveron, entitled to nominate a member of our Board).

View on SEC.gov

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Allbirds, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-26-155150

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