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.

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