STOCK TITAN

Bark, Inc. (NYSE: BARK) investor group proposes $0.90 cash take-private

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D

Rhea-AI Filing Summary

Bark, Inc. received a non-binding proposal from Great Dane Ventures, LLC and an affiliated investor group to acquire all outstanding common shares they do not already own for $0.90 in cash per share. The group collectively reports beneficial ownership of approximately 32% of Bark’s shares, or 34.8% if certain warrants are exercised, based on 171,546,997 shares outstanding as of September 30, 2025. The proposal would also involve assuming Bark’s existing debt and cash balances and could ultimately lead to Bark’s shares being delisted and deregistered if a transaction is completed. The letter is explicitly non-binding, subject to negotiation and definitive documentation, and there is no assurance that any acquisition will be agreed or consummated.

Positive

  • None.

Negative

  • None.

Insights

Large shareholder group proposes a non-binding cash buyout of Bark at $0.90 per share, with significant uncertainty around completion.

The filing shows a coordinated group of investors, led by Great Dane Ventures, LLC, reporting beneficial ownership of sizeable stakes in Bark, Inc., including Great Dane’s 34.8% beneficial interest when certain warrants are counted. On January 2, 2026, Great Dane sent a non-binding letter proposing to acquire all remaining Bark common shares for $0.90 per share in cash and to assume existing debt and cash balances.

The proposal is expressly non-binding and does not specify a transaction structure. It states that there is no obligation on either side to negotiate or enter into definitive agreements, and it highlights numerous contingencies, including the need to secure funds and board and shareholder acceptance. The group reserves the right to change terms, pursue alternative strategic transactions, or abandon the effort altogether.

If a transaction along these lines were agreed and completed, Bark’s common stock could be delisted from the New York Stock Exchange and deregistered, meaning public shareholders would hold cash instead of listed shares. Until separate offer materials are filed and any definitive agreement is signed, the situation remains preliminary and subject to change based on future negotiations and disclosures.






If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).






SCHEDULE 13D




Comment for Type of Reporting Person:
The calculation of the foregoing percentage and the percentages on the following cover pages is based on 171,546,997 shares of common stock (the "Common Stock") of Bark, Inc. (the "Issuer") outstanding as of September 30, 2025 (as represented in the Issuer's Form 10-Q for the quarterly period ended September 30, 2025). See Item 2(a) of this Schedule 13D for a list of the equity owners of Great Dane Ventures, LLC.


SCHEDULE 13D




Comment for Type of Reporting Person:
The number of shares of Common Stock beneficially owned by Matt Meeker includes 2,564,719 shares of Common Stock subject to stock options that are exercisable within 60 days of January 9, 2026.


SCHEDULE 13D






SCHEDULE 13D




Comment for Type of Reporting Person:
Comprises shares held by RRE Leaders Fund, L.P., the General Partner of which is RRE Leaders GP, LLC.


SCHEDULE 13D






SCHEDULE 13D




Comment for Type of Reporting Person:
Comprises shares held by RRE Ventures V, L.P., the General Partner of which is RRE Ventures GP V, LLC.


SCHEDULE 13D




Comment for Type of Reporting Person:
Comprises shares beneficially owned by RRE Leaders GP, LLC and RRE Ventures GP V, LLC, a General Partner of each of which is James D. Robinson IV. Notwithstanding his dispositive and voting control over such shares, James D. Robinson IV disclaims beneficial ownership of the shares of Common Stock beneficially owned by RRE Leaders GP, LLC and RRE Ventures GP V, LLC, except to the extent of his pecuniary interest therein.


SCHEDULE 13D




Comment for Type of Reporting Person:
Comprises shares beneficially owned by RRE Leaders GP, LLC and RRE Ventures GP V, LLC, a General Partner of each of which is Stuart J. Ellman. Notwithstanding his dispositive and voting control over such shares, Stuart J. Ellman disclaims beneficial ownership of the shares of Common Stock beneficially owned by RRE Leaders GP, LLC and RRE Ventures GP V, LLC, except to the extent of his pecuniary interest therein.


SCHEDULE 13D




Comment for Type of Reporting Person:
Comprises shares beneficially owned by RRE Leaders GP, LLC and RRE Ventures GP V, LLC, a General Partner and the Chief Operating Officer of each of which is William D. Porteous. Notwithstanding his dispositive and voting control over such shares, William D. Porteous disclaims beneficial ownership of the shares of Common Stock beneficially owned by RRE Leaders GP, LLC and RRE Ventures GP V, LLC, except to the extent of his pecuniary interest therein.


SCHEDULE 13D






SCHEDULE 13D




Comment for Type of Reporting Person:
Includes 5,059,499 shares held by Resolute I, L.P., the General Partner of which is Resolute GP I, LLC.


SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D




Comment for Type of Reporting Person:
Comprises shares held by Resolute BB SPV, LLC and Resolute BB II SPV, LLC, the Manager of each of which is Resolute GP II, LLC.


SCHEDULE 13D




Comment for Type of Reporting Person:
Comprises shares beneficially owned by Resolute GP I, LLC, the Managing Director of which is Michael Hirshland, and by Resolute GP II, LLC, a Manager of which is Michael Hirshland. Notwithstanding his dispositive and voting control over such shares, Michael Hirshland disclaims beneficial ownership of the shares of Common Stock beneficially owned by Resolute GP I, LLC and Resolute GP II, LLC, except to the extent of his pecuniary interest therein.


SCHEDULE 13D




Comment for Type of Reporting Person:
Comprises shares beneficially owned by Resolute GP II, LLC, a Manager of which is Raanan Bar-Cohen. Notwithstanding his dispositive and voting control over such shares, Raanan Bar-Cohen disclaims beneficial ownership of the shares of Common Stock beneficially owned by Resolute GP II, LLC, except to the extent of his pecuniary interest therein.


SCHEDULE 13D






SCHEDULE 13D




Comment for Type of Reporting Person:
Comprises shares held by Founders Circle Capital II Opportunities Fund, L.P, the General Partner of which is Founders Circle Management II Opportunities, LLC.


SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D




Comment for Type of Reporting Person:
Comprises shares held by Founders Circle Capital II, L.P. and Founders Circle Capital II Affiliates Fund, L.P., the General Partner of each of which is Founders Circle Management II, LLC.


SCHEDULE 13D




Comment for Type of Reporting Person:
Comprises shares beneficially owned by Founders Circle Management II, LLC and Founders Circle Management II Opportunities, LLC, a Managing Member of each of which is Michael Jung. Notwithstanding his dispositive and voting control over such shares, Michael Jung disclaims beneficial ownership of the shares of Common Stock beneficially owned by Founders Circle Management II, LLC and Founders Circle Management II Opportunities, LLC, except to the extent of his pecuniary interest therein.


SCHEDULE 13D




Comment for Type of Reporting Person:
Comprises shares beneficially owned by Founders Circle Management II, LLC and Founders Circle Management II Opportunities, LLC, a Managing Member of each of which is Ken Loveless. Notwithstanding his dispositive and voting control over such shares, Ken Loveless disclaims beneficial ownership of the shares of Common Stock beneficially owned by Founders Circle Management II, LLC and Founders Circle Management II Opportunities, LLC, except to the extent of his pecuniary interest therein.


SCHEDULE 13D




Comment for Type of Reporting Person:
Represents (i) 4,359,475 shares held by Ironbound Partners Fund, LLC and (ii) 4,558,000 shares issuable upon exercise of warrants held by Ironbound Partners Fund, LLC that may be exercised within 60 days of January 9, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
Represents (i) 136,363 shares held by Jonathan J. Ledecky in his individual capacity, (ii) 4,359,475 shares held by Ironbound Partners Fund, LLC and (iii) 4,558,000 shares issuable upon exercise of warrants held by Ironbound Partners Fund, LLC that may be exercised within 60 days of January 9, 2026. Mr. Ledecky is the Managing Member of Ironbound Partners Fund, LLC. Notwithstanding his dispositive and voting control over such shares, Mr. Ledecky disclaims beneficial ownership of the shares of Common Stock held by Ironbound Partners Fund, LLC and the shares issuable upon exercise of warrants held by Ironbound Partners Fund, LLC, in each case, except to the extent of his pecuniary interest therein.


SCHEDULE 13D


Great Dane Ventures, LLC
Signature:/s/ Matt Meeker
Name/Title:Matt Meeker, Authorized Signatory
Date:01/09/2026
Matt Meeker
Signature:/s/ Matt Meeker
Name/Title:Matt Meeker
Date:01/09/2026
RRE Leaders Fund, L.P.
Signature:/s/ William D. Porteous
Name/Title:William D. Porteous, General Partner and COO
Date:01/09/2026
RRE Leaders GP, LLC
Signature:/s/ William D. Porteous
Name/Title:William D. Porteous, General Partner and COO
Date:01/09/2026
RRE Ventures V, L.P.
Signature:/s/ William D. Porteous
Name/Title:William D. Porteous, General Partner and COO
Date:01/09/2026
RRE Ventures GP V, LLC
Signature:/s/ William D. Porteous
Name/Title:William D. Porteous, General Partner and COO
Date:01/09/2026
James D. Robinson IV
Signature:/s/ James D. Robinson IV
Name/Title:James D. Robinson IV
Date:01/09/2026
Stuart J. Ellman
Signature:/s/ Stuart J. Ellman
Name/Title:Stuart J. Ellman
Date:01/09/2026
William D. Porteous
Signature:/s/ William D. Porteous
Name/Title:William D. Porteous
Date:01/09/2026
Resolute I, L.P.
Signature:/s/ Michael Hirshland
Name/Title:Michael Hirshland, Managing Director
Date:01/09/2026
Resolute GP I, LLC
Signature:/s/ Michael Hirshland
Name/Title:Michael Hirshland, Managing Director
Date:01/09/2026
Resolute BB SPV, LLC
Signature:/s/ Michael Hirshland
Name/Title:Michael Hirshland, Managing Director
Date:01/09/2026
Resolute BB II SPV, LLC
Signature:/s/ Michael Hirshland
Name/Title:Michael Hirshland, Managing Director
Date:01/09/2026
Resolute GP II, LLC
Signature:/s/ Michael Hirshland
Name/Title:Michael Hirshland, Manager
Date:01/09/2026
Michael Hirshland
Signature:/s/ Michael Hirshland
Name/Title:Michael Hirshland
Date:01/09/2026
Raanan Bar-Cohen
Signature:/s/ Raanan Bar-Cohen
Name/Title:Raanan Bar-Cohen
Date:01/09/2026
Founders Circle Capital II Opportunities Fund, L.P.
Signature:/s/ Ken Loveless
Name/Title:Ken Loveless, Managing Member
Date:01/09/2026
Founders Circle Management II Opportunities, LLC
Signature:/s/ Ken Loveless
Name/Title:Ken Loveless, Managing Member
Date:01/09/2026
Founders Circle Capital II, L.P.
Signature:/s/ Ken Loveless
Name/Title:Ken Loveless, Managing Member
Date:01/09/2026
Founders Circle Capital II Affiliates Fund, L.P.
Signature:/s/ Ken Loveless
Name/Title:Ken Loveless, Managing Member
Date:01/09/2026
Founders Circle Management II, LLC
Signature:/s/ Ken Loveless
Name/Title:Ken Loveless, Managing Member
Date:01/09/2026
Michael Jung
Signature:/s/ Michael Jung
Name/Title:Michael Jung
Date:01/09/2026
Ken Loveless
Signature:/s/ Ken Loveless
Name/Title:Ken Loveless
Date:01/09/2026
Ironbound Partners Fund, LLC
Signature:/s/ Jonathan J. Ledecky
Name/Title:Jonathan J. Ledecky, Managing Member
Date:01/09/2026
Jonathan J. Ledecky
Signature:/s/ Jonathan J. Ledecky
Name/Title:Jonathan J. Ledecky
Date:01/09/2026

FAQ

What transaction did Great Dane propose for Bark, Inc. (BARK)?

Great Dane Ventures, LLC delivered a non-binding letter proposing an acquisition in which it would buy all outstanding shares of Bark, Inc. common stock that are not already collectively owned by the reporting group for $0.90 in cash per share and assume Bark’s existing debt and cash balances.

How much of Bark, Inc. (BARK) do the reporting persons currently beneficially own?

The filing states that the reporting persons collectively already own approximately 32% of Bark’s outstanding common stock, or about 34.8% if warrants held by them are exercised, based on 171,546,997 shares outstanding as of September 30, 2025.

Is the proposed $0.90 per share acquisition of Bark, Inc. binding?

No. The proposal letter is explicitly described as non-binding. It does not obligate Great Dane or Bark to negotiate or enter into definitive transaction documents, and a binding commitment would arise only if definitive agreements are executed and delivered.

Could Bark, Inc. (BARK) be delisted if the Great Dane transaction occurs?

The filing notes that if an acquisition transaction of the type proposed is entered into and consummated, it could result in Bark’s common stock being delisted from the New York Stock Exchange and becoming eligible for termination of registration under Section 12(g)(4) of the Exchange Act.

Who are the key members of the investor group in this Bark, Inc. Schedule 13D?

The joint filing covers Great Dane Ventures, LLC, Bark CEO and Executive Chairman Matt Meeker, various RRE Ventures funds and general partners, Resolute funds and managers, Founders Circle Capital funds and managers, Ironbound Partners Fund, LLC, and Jonathan J. Ledecky, among others, collectively referred to as the reporting persons.

Has the Bark, Inc. board responded to Great Dane’s acquisition proposal?

The disclosure states that Great Dane has not proposed a specific structure and has not received any feedback from Bark’s board of directors as of the information in this filing.

Does this Schedule 13D mean a sale of Bark, Inc. will definitely happen?

No. The filing emphasizes that there can be no assurances that any further proposal will be accepted, that definitive documentation will be executed, or that any acquisition transaction will be consummated, even if agreements are reached.

Bark Inc

NYSE:BARK

BARK Rankings

BARK Latest News

BARK Latest SEC Filings

BARK Stock Data

133.38M
111.11M
31.03%
42.75%
6.21%
Specialty Retail
Retail-retail Stores, Nec
Link
United States
NEW YORK