Bed Bath & Beyond to issue up to 18,100,000 unregistered shares in merger deal
BBBY•Bed Bath & Beyond share issuance tied to F9 Brands acquisition
Bed Bath & Beyond announced an unregistered issuance of up to 18,100,000 common shares as part of its F9 Brands acquisition.
The stock will be issued to F9 Investments under a Section 4(a)(2) private placement exemption.
Consideration also includes $7 million cash, a $4.6 million promissory note, transferred manufacturing real estate, and up to $12.5 million earnout.
