Beyond, Inc. Files 8-K Report
Ticker: BBBY-WT · Form: 8-K · Filed: Apr 18, 2024 · CIK: 1130713
Sentiment: neutral
Topics: 8-K, regulatory-filing, company-name-change
TL;DR
Beyond, Inc. (formerly Overstock) filed a routine 8-K, mostly about exhibits. No major news.
AI Summary
On April 18, 2024, Beyond, Inc. filed an 8-K report. The filing primarily concerns financial statements and exhibits, with no specific material events or other significant business updates detailed in the provided excerpt. The company, formerly known as Overstock.com, Inc., is incorporated in Delaware and headquartered in Midvale, Utah.
Why It Matters
This filing indicates Beyond, Inc. is fulfilling its regulatory reporting obligations, which is standard practice for publicly traded companies. Investors should review the full filing for any specific details.
Risk Assessment
Risk Level: low — This filing appears to be a routine regulatory submission without disclosure of new material events.
Key Numbers
- 001-41850 — SEC File Number (Identifies the company's filing with the SEC.)
- 87-0634302 — IRS Number (Company's Employer Identification Number.)
Key Players & Entities
- Beyond, Inc. (company) — Registrant
- Overstock.com, Inc. (company) — Former name
- Delaware (jurisdiction) — State of incorporation
- Midvale, Utah (location) — Principal executive offices
- April 18, 2024 (date) — Date of report
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report 'Other Events' and 'Financial Statements and Exhibits' as of April 18, 2024.
What was Beyond, Inc. formerly known as?
Beyond, Inc. was formerly known as Overstock.com, Inc. and Overstock COM INC.
In which state is Beyond, Inc. incorporated?
Beyond, Inc. is incorporated in Delaware.
Where are Beyond, Inc.'s principal executive offices located?
Beyond, Inc.'s principal executive offices are located at 799 W. Coliseum Way, Midvale, Utah 84047.
What is the SEC file number for Beyond, Inc.?
The SEC file number for Beyond, Inc. is 001-41850.
Filing Stats: 494 words · 2 min read · ~2 pages · Grade level 10.5 · Accepted 2024-04-18 12:03:27
Key Financial Figures
- $0.0001 — ange on which registered Common Stock, $0.0001 par value per share BYON New York Stock
- $10,250,000 — t Global Inc. for a total sale price of $10,250,000 in cash plus the assumption of certain
- $21.5 million — property for a total purchase price of $21.5 million. With the sale of the Wamsutta IP, the
Filing Documents
- ostk-20240418.htm (8-K) — 25KB
- 0001130713-24-000024.txt ( ) — 145KB
- ostk-20240418.xsd (EX-101.SCH) — 2KB
- ostk-20240418_lab.xml (EX-101.LAB) — 21KB
- ostk-20240418_pre.xml (EX-101.PRE) — 12KB
- ostk-20240418_htm.xml (XML) — 3KB
01 Other Events
Item 8.01 Other Events On March 31, 2024, Beyond, Inc. (the "Company") entered into an asset purchase agreement to sell the Wamsutta brand and certain related intellectual property assets (the "Wamsutta IP") to Indo Count Global Inc. for a total sale price of $10,250,000 in cash plus the assumption of certain liabilities. On April 18, 2024, the Company closed the transaction and received the $10,250,000 cash proceeds. The Company had acquired the Wamsutta IP in June of 2023 as part of its purchase of the Bed Bath & Beyond brand and associated intellectual property for a total purchase price of $21.5 million. With the sale of the Wamsutta IP, the Company has successfully recovered approximately 48% of its $21.5 million purchase.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit No. Description of Exhibit 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE 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. BEYOND, INC. By: /s/ E. Glen Nickle E. Glen Nickle Chief Legal Officer Date: April 18, 2024 2