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Bark Inc (NYSE: BARK) shareholder files to sell 50,000 Rule 144 shares

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

A shareholder of Bark, Inc. filed a notice to sell up to 50,000 shares of common stock under Rule 144. The planned sale, through Lake Street Capital Markets on the NYSE, has an indicated aggregate market value of $33,000. The filing notes that Bark had 171,592,421 shares outstanding of common stock at the time referenced. The shares to be sold were originally acquired on June 1, 2021 in connection with an Agreement and Plan of Reorganization involving the issuer, NSAC Merger Sub Corp. and Barkbox, Inc., with cash payment recorded on November 1, 2011.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does this Form 144 filing for BARK disclose?

It discloses that a shareholder of Bark, Inc. (BARK) intends to sell up to 50,000 shares of common stock under Rule 144 through a broker on the NYSE.

How many BARK shares are planned to be sold and what is their value?

The notice covers up to 50,000 shares of Bark, Inc. common stock with an aggregate market value of about $33,000.

How many Bark, Inc. shares were outstanding at the time referenced?

The filing states that 171,592,421 shares of Bark, Inc. common stock were outstanding at the time referenced.

Which broker is handling the proposed BARK share sale?

The proposed sale will be handled by Lake Street Capital Markets, LLC, located in Minneapolis, and executed on the NYSE.

How and when were the BARK shares being sold originally acquired?

The common stock was acquired on June 1, 2021 pursuant to an Agreement and Plan of Reorganization among the issuer, NSAC Merger Sub Corp. and Barkbox, Inc., with cash payment dated November 1, 2011.

What representation does the selling shareholder make in this BARK Form 144?

By signing, the shareholder represents that they do not know any material adverse information about Bark, Inc.’s current or prospective operations that has not been publicly disclosed.
Bark Inc

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Specialty Retail
Retail-retail Stores, Nec
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United States
NEW YORK