Smartbird (ex-Allbirds) pivots to AI infrastructure; $200M+ capital, board nominees

Allbirds, Inc.

Former Allbirds renamed Smartbird; Q2 FY2026 report includes discontinued retail operations results.
Access to over $200M capital from cash, convertible facility, ATM program as of June 30, 2026.
Strategic focus: dedicated managed AI infrastructure for enterprise inference workloads, not frontier training.
Two industry experts nominated to board for election at next annual stockholders meeting.

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