BARK, Inc. Files 8-K: Corporate & Financial Updates
Ticker: BARKW · Form: 8-K · Filed: Mar 4, 2024 · CIK: 1819574
Sentiment: neutral
Topics: corporate-action, financial-reporting, warrants
TL;DR
BARK filed an 8-K with stock & warrant details. Keep an eye on that exercise price!
AI Summary
On March 1, 2024, BARK, Inc. filed an 8-K report detailing other events and financial statements. The filing includes information about their common stock and warrants, with specific details on exercise prices and par value. This report serves as an update on the company's financial and corporate structure.
Why It Matters
This filing provides an official record of BARK, Inc.'s corporate structure and financial instruments, which is important for investors tracking the company's status and potential future equity dilution.
Risk Assessment
Risk Level: low — The filing is a routine corporate disclosure and does not indicate any immediate financial distress or significant negative events.
Key Numbers
- 11.50 — Warrant Exercise Price (Price at which warrants can be exercised for common stock.)
Key Players & Entities
- BARK, Inc. (company) — Registrant
- March 1, 2024 (date) — Date of Report
- 120 Broadway, Floor 12 (address) — Principal Executive Offices
- New York, NY 10271 (address) — Principal Executive Offices
- 001-39691 (identifier) — SEC File Number
- 85-1872418 (identifier) — IRS Employer Identification No.
FAQ
What specific 'Other Events' are detailed in this 8-K filing?
The filing primarily details corporate structure information related to common stock and warrants, rather than specific operational 'Other Events'.
What is the par value of BARK, Inc.'s common stock?
The filing mentions 'bark:CommonStockPareValue00001Member' but does not explicitly state the dollar amount of the par value in the provided text.
What is the exercise price for the BARK, Inc. warrants?
The exercise price for the warrants is $11.50 per share, as indicated by 'bark:WarrantsEachWarrantExercisableForOneShareOfCommonStockAtAnExercisePriceOf1150PerShareMember'.
When was this 8-K report filed with the SEC?
This 8-K report was filed on March 4, 2024, and the earliest event reported is March 1, 2024.
What is BARK, Inc.'s principal executive office address?
BARK, Inc.'s principal executive offices are located at 120 Broadway, Floor 12, New York, NY 10271.
Filing Stats: 543 words · 2 min read · ~2 pages · Grade level 10.4 · Accepted 2024-03-04 09:00:54
Key Financial Figures
- $0.0001 B — ch registered Common Stock, par value $0.0001 BARK New York Stock Exchange Warrants,
- $11.50 — of Common Stock at an exercise price of $11.50 per share BARK WS New York Stock Exchan
- $1.00 — he Company's common stock was less than $1.00 per share over a consecutive 30 trading
Filing Documents
- bark-20240301.htm (8-K) — 31KB
- barkregainsnysecompliancepr.htm (EX-99.1) — 6KB
- image_0a.jpg (GRAPHIC) — 23KB
- 0001819574-24-000018.txt ( ) — 237KB
- bark-20240301.xsd (EX-101.SCH) — 3KB
- bark-20240301_def.xml (EX-101.DEF) — 15KB
- bark-20240301_lab.xml (EX-101.LAB) — 31KB
- bark-20240301_pre.xml (EX-101.PRE) — 16KB
- bark-20240301_htm.xml (XML) — 4KB
01 Other Events
Item 8.01 Other Events. On March 4, 2024, BARK, Inc. (the "Company") issued a press release announcing the receipt of a notice dated March 1, 2024 from the New York Stock Exchange ("NYSE") that the Company has regained compliance with the continued listing minimum price criteria set forth in Section 802.01C of the NYSE Listed Company Manual and, as a result, will be removed from the NYSE's noncompliant issuers list. The Company previously received a noncompliance notice from the NYSE because the average closing price of the Company's common stock was less than $1.00 per share over a consecutive 30 trading-day period ended November 21, 2023. On February 29, 2024, the Company's common stock closed above $1.00 and had an average closing share price of at least $1.00 over the prior consecutive 30 trading-day period. A copy of this press release is attached hereto as Exhibit 99.1 to this Current Report on Form 8-K.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 99.1 Press Release dated March 4, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BARK, Inc. By: /s/ Allison Koehler Name: Allison Koehler Title: General Counsel and Secretary Date: March 4, 2024