Highest-materiality recent filing
Allbirds co-founder Joseph Zwillinger resigns from board effective May 18, 2026
Joseph Zwillinger, co-founder of Allbirds' footwear business, resigned as director.
Allbirds enters new ATM equity distribution agreement; terminates prior TD facility
New at-the-market sales agreement with Chardan Capital Markets for Class A common stock.
Enters A&R Securities Purchase Agreement for up to $50M senior secured convertible notes at 12% interest, 5% OID.
Allbirds Q1 preliminary: revenue $22.3M, net loss $19.6M, EBITDA -$16.1M, cash $14.4M
Net revenue $22.3M (+/-$1M); gross margin 27.8% (+/-450bps).
Allbirds executes $50M convertible facility, plans pivot to AI compute infrastructure
$50M convertible financing facility with institutional investor; initial $3.25M close, up to $44.75M additional tranches.
Allbirds secures support agreements from holders of ~71% voting power for asset sale
Support agreements cover ~71% of voting power (as of Feb 28, 2026) from Maveron, founders, and board members.
Allbirds enters $39M asset sale with American Exchange Group; plans dissolution
Sells substantially all IP, inventory, and other assets for $39M cash to AXNY.
Allbirds to close all US full-price retail stores by end of February 2026
Closing all 9 remaining full-price U.S. stores by end of Feb 2026; shifting focus to e-commerce, wholesale, and international distributorships.
Allbirds Q3 revenue $33.0M (-23.3% YoY), net loss $20.3M, adj EBITDA loss $15.7M
Net revenue $33.0M, down 23.3% YoY; gross margin 43.2% (-120bps).
Allbirds appoints Lily Yan Hughes as independent director to its board
Appointed effective October 31, 2025; serves as Class I director standing for reelection at 2028 annual meeting.
Allbirds loses Nasdaq independent-director compliance after board resignation
Director Ann Freeman resigns effective Sept 8, 2025 to become President of Foot Locker, North America.
Allbirds Q2 net revenue $39.7M (-23.1% YoY); net loss $15.5M, guides FY revenue lower
Net revenue $39.7M, at high end of guidance but down 23.1% YoY; gross margin fell 980 bps to 40.7%.
Allbirds secures $75M credit facility and $50M ATM equity program
New $50M asset-based revolving credit facility with $25M accordion (total $75M), replacing prior $50M facility maturing April 2026.
Allbirds stockholders elect Ann Freeman as director, ratify Deloitte & Touche as auditor
Ann Freeman elected as Class I director with 25,332,484 votes for, 855,466 withheld, and 1,846,063 broker non-votes.
On May 18, 2026, Joseph Zwillinger, a director and co-founder of the Company's footwear business, notified the Board of Directors (the “Board”) of Allbirds, Inc. (the “Company”) of his intention to resign from the Board, effective as of May 18 2026.
Max materiality 0.90 · Median 0.70 · Most common event other_material