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Aterian Issues Urgent Call to Action: Only 285,000 Votes or 2.7% Separates Stockholders From Securing Value
Without Approval of the Asset Sale Proposal There is a Material Risk That Common Stockholders Will Receive Very Little Value, If Any At AllCompany Adjourns Special Meeting to July 17, 2026 SUMMIT, N.J., July 13, 2026 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ: ATER) ("Aterian" or the "Company") today issued an urgent message to its stockholders announcing that it has adjourned its originally scheduled Special Meeting of Stockholders from July 10, 2026 to July 17, 2026 at 9:30 a.m. Eastern Time vi
About this update from Aterian, Inc.
SUMMIT, N.J., July 13, 2026 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ: ATER) ("Aterian" or the "Company") today issued an urgent message to its stockholders announcing that it has adjourned its originally scheduled Special Meeting of Stockholders from July 10, 2026 to July 17, 2026 at 9:30 a.m. Eastern Time via live webcast at www.virtualshareholdermeeting.com/ATER2026SM (the "Special Meeting"). The upcoming Special Meeting represents the final chance for stockholders to cast their votes. "We need stockholders to act today. Every vote counts and your vote is critical to approving these transactions. Without the approval of the Asset Sale proposal, the risk to holders of Aterian common stock of receiving very little value, if any at all, is very high. If you have not yet voted, please do so today," stated Arturo Rodriguez, Chief Executive Officer of Aterian. The key proposals to be approved at the Special Meeting relate to the pending sale of substantially all of the assets of the Company's marquee brand portfolios to Trademark Global, LLC (the "Asset Sale") and the issuance of shares of the Company's common stock to David Lazar upon conversion of the Company's Series AA Convertible Non-Redeemable Preferred Stock and Series AAA Convertible Non-Redeemable Preferred Stock (the "Investment Transaction"). The Asset Sale and the Investment Transaction together represent a clear, actionable path to delivering real value back to stockholders: an $18 million sale of our marquee brand portfolio anticipated to return between $0.85 and $1.14 per share to stockholders , plus a $7 million strategic investment that positions the Company for the next chapter of growth. Both leading independent proxy advisors, Glass, Lewis & Co. and Institutional Shareholder Services Inc., have issued reports recommending that Aterian stockholders vote for the Asset Sale. Without approval of the Asset Sale proposal, there is a material risk that holders of the Company's common stock will receive very little value, if any at all. HOW TO VOTE Stockholders are urged to vote by July 16, 2026 6:00pm EST deadline using any of the following methods: