Carly Strife Amends Bark, Inc. Stake Filing
Ticker: BARKW · Form: SC 13D/A · Filed: Oct 8, 2024 · CIK: 1819574
Sentiment: neutral
Topics: sec-filing, schedule-13d, ownership-change
Related Tickers: BARK
TL;DR
Carly Strife updated their Bark, Inc. ownership filing on Oct 8. Watch this space.
AI Summary
Carly Strife, through an amendment filed on October 8, 2024, has updated their Schedule 13D filing concerning Bark, Inc. The filing indicates a change in beneficial ownership of Bark, Inc. common stock. The specific details of the change in ownership percentage or number of shares are not explicitly stated in this excerpt, but the amendment suggests a material event requiring disclosure.
Why It Matters
This amendment signals a potential shift in control or significant investment activity by a major shareholder in Bark, Inc., which could impact the company's stock price and strategic direction.
Risk Assessment
Risk Level: medium — Amendments to Schedule 13D filings often indicate significant changes in a major shareholder's position, which can lead to increased volatility and uncertainty.
Key Numbers
- 20241008 — Filing Date (Date the amendment (SC 13D/A) was filed with the SEC.)
- 20200729 — Name Change Date (Date Bark, Inc. was formerly known as Northern Star Acquisition Corp.)
Key Players & Entities
- Carly Strife (person) — Filing person making the amendment
- Bark, Inc. (company) — Subject company of the filing
- Northern Star Acquisition Corp. (company) — Former company name of Bark, Inc.
- 0001193125-24-234417 (filing_id) — Accession number for the SEC filing
FAQ
What specific change in beneficial ownership is Carly Strife reporting for Bark, Inc.?
The provided excerpt does not specify the exact change in beneficial ownership percentage or number of shares, only that an amendment to the Schedule 13D/A was filed on October 8, 2024.
What was Bark, Inc.'s former name before its current identity?
Bark, Inc. was formerly known as Northern Star Acquisition Corp., with a name change occurring on July 29, 2020.
Who is authorized to receive notices and communications for this filing?
Carly Strife, c/o Bark, Inc., 120 Broadway, Floor 12, New York, NY 10271, is authorized to receive notices and communications.
What is the CUSIP number for Bark, Inc. common stock?
The CUSIP number for Bark, Inc. common stock is 68622E104.
What is the business address of Bark, Inc.?
The business address of Bark, Inc. is 120 Broadway, 12th Floor, New York, NY 10271.
Filing Stats: 1,330 words · 5 min read · ~4 pages · Grade level 9.5 · Accepted 2024-10-08 16:30:56
Key Financial Figures
- $0.0001 — me of Issuer) Common Stock, par value $0.0001 per share (Title of Class of Securiti
- $1.42 — Person at a per share purchase price of $1.42 for a total amount of $2,130,000.00.
- $2,130,000.00 — se price of $1.42 for a total amount of $2,130,000.00. On June 28, 2024, the Reporting Pers
- $1.37 — stock options with an exercise price of $1.37 per share resulting in a net issuance o
- $1.6313 — on Stock at a weighted-average price of $1.6313 for an aggregate sale amount of $68,627
- $68,627.16 — $1.6313 for an aggregate sale amount of $68,627.16. On October 7, 2024, the Reporting Pe
- $1.607 — on Stock at a weighted-average price of $1.607 for an aggregate sale amount of $67,604
- $67,604.88 — $1.607 for an aggregate sale amount of $67,604.88. Item4. Purpose of Transaction The
Filing Documents
- d871731dsc13da.htm (SC 13D/A) — 31KB
- d871731dex991.htm (EX-99.1) — 4KB
- 0001193125-24-234417.txt ( ) — 37KB
of the Original Schedule 13D is hereby amended and supplemented to add the following language
Item 3 of the Original Schedule 13D is hereby amended and supplemented to add the following language: On June 14, 2024, the Issuer repurchased 1,500,000 shares of Common Stock from the Reporting Person at a per share purchase price of $1.42 for a total amount of $2,130,000.00. On June 28, 2024, the Reporting Person cashless exercised 874,256 stock options with an exercise price of $1.37 per share resulting in a net issuance of 146,500 shares of Common Stock. On October 4, 2024, the Reporting Person sold 42,069 shares of Common Stock at a weighted-average price of $1.6313 for an aggregate sale amount of $68,627.16. On October 7, 2024, the Reporting Person sold 42,069 shares of Common Stock at a weighted-average price of $1.607 for an aggregate sale amount of $67,604.88. Item4. Purpose of Transaction The information set forth in Item 3 of this Statement is incorporated into this Item 4 by reference. Except as described herein, neither the Reporting Person nor any affiliated trusts or entities has any present plans or proposals that relate to or would result in any of the transactions described in subparagraphs (a) through (j) of Item 4 of Schedule 13D. However, the Reporting Person and the Trust reserve the right to formulate in the future plans or proposals which may relate to or result in the transactions described in subparagraphs (a) through (j) of this Item 4. The Reporting Person and the Trust holds the securities of the Issuer for general investment purposes. The Reporting Person and the Trust reserves the right, based on all relevant factors and subject to applicable law or other restrictions, at any time and from time to time, to acquire additional shares of Common Stock or other securities of the Issuer, dispose of some or all of the shares of Common Stock or other securities of the Issuer that it may own from time to time, in each case in open market or private transactions, block sales or otherwise or pursuant to ordinary stock exchange tra