---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-013884"
form_type: "8-K"
ticker: "ATER"
cik: "0001757715"
company_name: "Aterian, Inc."
filed_at: "2026-04-29T23:59:59+00:00"
generated_at: "2026-05-15T02:21:12.380296+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Aterian sells marquee brands for $18M cash; Lazar to gain ~95% control via $7M preferred stock

## Summary
- Asset sale: Trademark Global acquires Mueller Living, PurSteam, hOmeLabs, etc. for $18M cash.
- Stock sale: Lazar buys 1.75M Series AA and 1.75M Series AAA preferred shares for $7M aggregate.
- After second closing, Lazar will hold ~95.13% fully diluted; existing holders diluted to ~4.87%.
- Lazar appointed to board immediately; will become CEO after second closing.
- Directors and officers signed voting agreement to support all stock sale proposals at special meeting.

## SEC filing metadata
- accession: 0001437749-26-013884
- form_type: 8-K
- ticker: ATER
- cik: 0001757715
- company_name: Aterian, Inc.
- filed_at: 2026-04-29T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 3.02, 5.03, 3.03, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1757715/000143774926013884/0001437749-26-013884-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1757715/000143774926013884/ater20260427_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-013884
- JSON: https://secwatch.observer/filing/0001437749-26-013884.json
- Plain text: https://secwatch.observer/filing/0001437749-26-013884.txt

## Source-grounded claims
- claim_id: 100ddbb591
  claim: Arturo Rodriguez departed as Chief Executive Officer at Aterian, Inc..
  evidence_excerpt: Lazar will succeed Arturo Rodriguez
  evidence_url: https://www.sec.gov/Archives/edgar/data/1757715/000143774926013884/0001437749-26-013884-index.htm
- claim_id: 5885176894
  claim: David E. Lazar was appointed as Director at Aterian, Inc..
  evidence_excerpt: the Board increased the authorized number of directors to five and appointed Lazar to the Board to fill the vacancy created by such increase, effective immediately
  evidence_url: https://www.sec.gov/Archives/edgar/data/1757715/000143774926013884/0001437749-26-013884-index.htm
- claim_id: 972d7cb9c8
  claim: David E. Lazar was appointed as Chief Executive Officer at Aterian, Inc..
  evidence_excerpt: the Board agreed to appoint Lazar as the sole Chief Executive Officer of the Company promptly following the Second SPA Closing
  evidence_url: https://www.sec.gov/Archives/edgar/data/1757715/000143774926013884/0001437749-26-013884-index.htm
- claim_id: 95ff6dc57b5bd3f1c8bdefd4a19307150b647c21
  claim: Aterian, Inc.: Filed Certificate of Designation for Series AA Convertible Non-Redeemable Preferred Stock designating rights, preferences, and limitations (effective 2026-04-27).
  evidence_excerpt: On April 27, 2026, the Company filed a Certificate of Designation of Preferences and Rights of Series AA Convertible Non-Redeemable Preferred Stock of the Company with the Secretary of State of Delaware designating the rights, preferences and limitations of the shares of the Series AA Preferred Stock (the “Series AA Certificate of Designation”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1757715/000143774926013884/0001437749-26-013884-index.htm
- claim_id: 899ec10ecc82f798eb0e49d11919324d476eba95
  claim: Aterian, Inc. entered into Securities Purchase Agreement with David E. Lazar valued at $7.0 million (effective 2026-04-27).
  evidence_excerpt: On April 27, 2026, the Company and David E. Lazar (“Lazar”) entered into a Securities Purchase Agreement (the “Securities Purchase Agreement”), pursuant to which Lazar agreed to purchase from the Company 1,750,000 shares of Series AA Convertible Non-Redeemable Preferred Stock, par value $0.0001 per share, of the Company (the “Series AA Preferred Stock” and such purchased shares, the “Series AA Preferred Shares”) and 1,750,000 shares of Series AAA Convertible Non-Redeemable Preferred Stock, par value $0.0001 per share, of the Company (the “Series AAA Preferred Stock,” and together with the Series AA Preferred Stock, the “Preferred Stock” and such purchased shares, the “Series AAA Preferred Shares” and together with the Series AA Preferred Shares, the “Purchased Shares”), in each case at a purchase price of $2.00 per share of Preferred Stock for aggregate gross proceeds of $7.0 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1757715/000143774926013884/0001437749-26-013884-index.htm
- claim_id: ddb2636ffdea6dbd78c8e7242f0c68265f9f1b8e
  claim: Aterian, Inc. entered into Asset Purchase Agreement with Trademark Global, LLC valued at $18 million in cash (effective 2026-04-27).
  evidence_excerpt: On April 27, 2026, Aterian, Inc. (the “Company” or “Aterian”) and Trademark Global, LLC (“Trademark Global”) entered into an Asset Purchase Agreement (the “Asset Purchase Agreement”), pursuant to which Trademark Global has agreed to acquire certain specified assets and liabilities of the Company, including, among other things, assets associated with the Company’s marquee brands: Mueller Living, PurSteam, hOmeLabs, Squatty Potty, Healing Solutions, and Photo Paper Direct for $18 million in cash, subject to certain purchase price adjustments (the “Asset Sale”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1757715/000143774926013884/0001437749-26-013884-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.