Aterian shareholders approve asset sale at special meeting
ATER•Reverse split and share authorization amendments adopted
An amendment to authorize a reverse stock split within a 1-for-2 to 1-for-99 range was adopted; execution ratio remains at board discretion.
Another charter amendment to increase authorized common shares to up to 1,000,000,000 was adopted; implementation remains subject to board action.
Shareholders authorized adjournment if needed to solicit additional votes; the meeting did not require adjournment.
Shareholders approve sale of substantially all assets to Trademark Global
At a special shareholder meeting held July 17, 2026, Aterian secured approval for the sale of substantially all assets to Trademark Global.
Shareholders also backed the issuance of common stock upon conversion of the Series AA and Series AAA preferred stock, including related-party conversion issuance.
