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0.170028818443804 0.181556195965418 0.175821325648415 0.204610951008646 0.121037463976945 0.129682997118156 0.129682997118156 0.129682997118156
Stock impact report

Allbirds Signs Definitive Asset Purchase Agreement with American Exchange Group

Allbirds, Inc. (BIRD) 
Company Research Source: GlobeNewswire
SAN FRANCISCO, March 30, 2026 (GLOBE NEWSWIRE) -- Allbirds, Inc. (NASDAQ: BIRD) today announced that it has entered into a definitive agreement with American Exchange Group (“AXNY”), a leader in accessories design, licensing and manufacturing, under which AXNY will acquire all of the intellectual property and certain other assets and liabilities of Allbirds for an estimated transaction value of $39 million (the “Asset Sale”), subject to purchase price adjustments to be finalized upon closing. The Asset Sale was negotiated by a special committee of independent directors, received unanimous approval by Allbirds’ Board of Directors, and is subject to approval by Allbirds’ common stockholders. A proxy statement describing the transaction and seeking stockholder approval of the Asset Sale and subsequent dissolution and winding down of the Company (the “Dissolution”), is expected to be filed no later than April 24, 2026. The transaction is expected to close in the second quarter of 2026 Show less Read more
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