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Stock impact report

American Exchange Group Inks $39 Million Deal for Allbirds Assets [Yahoo! Finance]

Allbirds, Inc. (BIRD) 
Company Research Source: Yahoo! Finance
The sale, negotiated by a special committee of independent directors, is subject to approval by the brand's shareholders. The deal, which could see price adjustments before closing, is expected to be finalized in the second quarter of 2026 and will include a winding down of the public company. More from WWD Soles4Souls Expands Circularity Reach Through Erren Recondition Acquisition Glo Skin Beauty Acquired by KYT Group EXCLUSIVE: This New Fashion M&A Firm Boasts an Astonishing Rolodex Allbirds shares closed at $2.98 on Monday, and the stock surged in after-hours trading following the announcement of the deal. The move caps off a tumultuous period for the sustainably-minded brand that was once hailed as the next big thing in footwear. When it debuted in March 2016 with a single style, a $95 wool sneaker, Time magazine called Allbirds “the world's most comfortable shoes” — a stroke of luck no one could have predicted. The brand, led then by cofounders and shoe outsiders Joe Show less Read more
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