other material
confidence high
sentiment neutral
materiality 0.70
BARK Special Committee retains Moelis and Sidley to review two buyout proposals at $0.90 and $1.10 per share
Bark, Inc.
- Special Committee engaged Moelis & Company as financial advisor and Sidley Austin as legal advisor.
- Great Dane Ventures (including CEO Matt Meeker) proposed $0.90/share cash for all outstanding shares not already owned.
- GNK Holdings / Marcus Lemonis group proposed $1.10/share cash for all outstanding shares not already owned.
- No definitive offer has been made; there is no assurance any transaction will be approved or consummated.