Beyond, Inc. Files 8-K
Ticker: BBBY-WT · Form: 8-K · Filed: Feb 5, 2025 · CIK: 1130713
Sentiment: neutral
Topics: corporate-action, filing-update
Related Tickers: OSTK
TL;DR
Beyond, Inc. (formerly Overstock) filed an 8-K on Feb 5, 2025, confirming its name and address.
AI Summary
Beyond, Inc. filed an 8-K on February 5, 2025, reporting an "Other Events" item. The filing confirms the company's name as Beyond, Inc., formerly Overstock.com, Inc., with its principal executive offices located in Murray, Utah.
Why It Matters
This filing serves as an official update on the company's corporate identity and reporting status, confirming its name change and providing essential contact and incorporation details.
Risk Assessment
Risk Level: low — The filing is a routine corporate disclosure and does not contain information that would immediately impact the company's financial standing or operations.
Key Numbers
- 000-41850 — Commission File Number (Identifies the company's SEC filing history.)
- 87-0634302 — I.R.S. Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- Beyond, Inc. (company) — Registrant
- Overstock.com, Inc (company) — Former name
- February 5, 2025 (date) — Date of Report
- Murray, Utah (location) — Principal executive offices
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 confirm the company's current name, Beyond, Inc., and its principal executive offices.
When was this 8-K filed?
This 8-K was filed on February 5, 2025.
What was the former name of Beyond, Inc.?
The former name of Beyond, Inc. was Overstock.com, Inc.
Where are Beyond, Inc.'s principal executive offices located?
Beyond, Inc.'s principal executive offices are located at 433 W. Ascension Way, 3rd Floor, Murray, Utah 84123.
What is the Commission File Number for Beyond, Inc.?
The Commission File Number for Beyond, Inc. is 000-41850.
Filing Stats: 552 words · 2 min read · ~2 pages · Grade level 12 · Accepted 2025-02-05 17:06:06
Key Financial Figures
- $0.0001 — ange on which registered Common Stock, $0.0001 par value per share BYON New York Stock
- $8.5 million — 's") voted to approve the conversion of $8.5 million of Kirkland's convertible debt (plus ac
- $8 million — ers also voted to approve the Company's $8 million investment in Kirkland's in exchange fo
Filing Documents
- ostk-20250205.htm (8-K) — 25KB
- 0001130713-25-000012.txt ( ) — 144KB
- ostk-20250205.xsd (EX-101.SCH) — 2KB
- ostk-20250205_lab.xml (EX-101.LAB) — 21KB
- ostk-20250205_pre.xml (EX-101.PRE) — 12KB
- ostk-20250205_htm.xml (XML) — 3KB
01 Other Events
Item 8.01 Other Events. On February 5, 2025, the stockholders of Kirkland's, Inc. ("Kirkland's") voted to approve the conversion of $8.5 million of Kirkland's convertible debt (plus accrued interest) held by the Beyond, Inc. (the "Company") into shares of Kirkland's common stock (the "Conversion"). Kirkland's stockholders also voted to approve the Company's $8 million investment in Kirkland's in exchange for receiving shares in Kirkland's common stock pursuant to a Subscription Agreement and Investor Rights Agreement (collectively the "Subscription Agreement"). The Conversion and the Subscription Agreement were previously described in a Current Report on Form 8-K filed by the Company on October 21, 2024, and such descriptions are incorporated by reference herein. Upon the approval of the Conversion and the Subscription Agreement, the Company (i) owns a total of approximately 40% of Kirkland's outstanding shares of common stock, (ii) has the right to designate two persons for appointment to Kirkland's board of directors as independent directors as long as the Company owns at least 20% of Kirkland's outstanding common stock, and (iii) has the right to appoint one individual as a non-voting observer to Kirkland's board of directors as long as the Company owns at least 5% of Kirkland's outstanding common stock. 2
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. BEYOND, INC. By: /s/ Adrianne Lee Adrianne Lee Chief Financial and Administrative Officer Date: February 5, 2025 3