Delaware Court validates BARK's authorized share provisions, removing uncertainty from prior ruling

Bark, Inc.

On Feb 20, 2023, Delaware Court of Chancery orally granted BARK's petition under DGCL Section 205 to validate authorized share charter provisions.
Final order issued Feb 21, 2023, validating the number of authorized shares and all shares issued in reliance on those provisions.
The validation eliminates uncertainty introduced by a recent Court of Chancery decision regarding the validity of those provisions.
The petition was originally filed on Feb 7, 2023.

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