BARK · BARK, Inc.

Summary

BARK, Inc. issued a press release announcing that the Special Committee of its Board of Directors determined not to pursue a transaction with the GNK/Lemonis Group following review of their January 14, 2026 proposal, after the Great Dane Ventures, LLC proposal from January 9, 2026 was withdrawn. The Company has concluded the review process to focus on its standalone strategy for long-term stockholder value.

Key takeaways

• Special Committee evaluated and rejected GNK Holdings LLC and Marcus Lemonis proposal to acquire outstanding shares not owned by them, received January 14, 2026
• Great Dane Ventures, LLC proposal received January 9, 2026, to acquire shares not owned by them, has been withdrawn
• Special Committee concluded current review process, believes standalone strategy maximizes long-term stockholder value