Aterian, Inc. — fact timeline

Aterian, Inc.: Filed Certificate of Designation for Series AA Convertible Non-Redeemable Preferred Stock designating rights, preferences, and limitations (effective 2026-04-27).

“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”).”

Aterian, Inc. entered into Securities Purchase Agreement with David E. Lazar valued at $7.0 million (effective 2026-04-27).

“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”

Aterian, Inc. entered into Asset Purchase Agreement with Trademark Global, LLC valued at $18 million in cash (effective 2026-04-27).

“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”).”

Arturo Rodriguez departed as Chief Executive Officer at Aterian, Inc..

“Lazar will succeed Arturo Rodriguez”

David E. Lazar was appointed as Chief Executive Officer at Aterian, Inc..

“the Board agreed to appoint Lazar as the sole Chief Executive Officer of the Company promptly following the Second SPA Closing”

David E. Lazar was appointed as Director at Aterian, Inc..

“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”

Aterian, Inc. amended Amendment with Midcap Funding IV Trust, as administrative agent (effective 2026-03-13).

“On March 13, 2026, the Company entered into Amendment No. 5 (the “Amendment”) to the Credit and Security Agreement dated as of December 22, 2021 (the “Credit Agreement”) between the Company, together with certain of its subsidiaries party thereto as borrowers, the entities party thereto as lenders, and Midcap Funding IV Trust, as administrative agent.”

Aterian, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).

“December 9, 2025, Aterian, Inc. (the “Company”) received a letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that, based upon the closing bid price of the Company’s common stock, par value $0.0001 per share (“Common Stock”), for the last 30 consecutive business days, the Company is not currently in compliance with the requirement to maintain a minimum bid price of $1.00 per share for continued listing on The Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Notice”). The Bid Price Notice has no immediate effect”

Phillip A. Lepper departed as Chief Commercial Officer at Aterian, Inc..

“On May 14, 2025, the Company announced that the employment of Phillip A. Lepper, Chief Commercial Officer of the Company, will end on June 4, 2025.”

William Kurtz was appointed as advisor to senior management at Aterian, Inc..

“Mr. William Kurtz and the Company entered into an Advisor Agreement effective August 1, 2024 (the “Advisor Agreement”), pursuant to which Mr. Kurtz shall act as an advisor to senior management of the Company.”

Cynthia Williams retired as Director at Aterian, Inc..

“On July 1, 2024, Cynthia Williams notified the Board of Directors (the “Board”) of Aterian Inc. (the “Company”) of her intent to not stand for reelection at the Company’s 2024 Annual Meeting of Stockholders (the “Annual Meeting”) and to retire from the Board effective as of the the conclusion of the Annual Meeting.”

Josh Feldman was appointed as Chief Financial Officer at Aterian, Inc..

“The Company appointed Josh Feldman, age 47, to succeed Mr. Rodriguez as the Company’s Chief Financial Officer, effective June 26, 2024.”

Arturo Rodriguez was appointed as Sole Chief Executive Officer at Aterian, Inc..

“In connection with Mr. Risico’s resignation, the Board appointed Arturo Rodriguez the sole Chief Executive Officer of the Company and the sole principal executive officer.”

Joseph Risico resigned as Co-Chief Executive Officer at Aterian, Inc..

“On June 26, 2024, Joseph Risico notified the Board of Directors (the “Board”) of the Company of his decision to resign as Co-Chief Executive Officer of the Company and from the Board, effective as of June 26, 2024.”