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Aterian Urges Stockholders to Vote “FOR” All Proposals at the Upcoming Special Meeting of Stockholders on July 10, 2026
Board-Approved Transactions Expected to Return $0.85–$1.14 Per Share to StockholdersNEW YORK, July 06, 2026 (GLOBE NEWSWIRE) -- Aterian, Inc. (Nasdaq: ATER) (“Aterian” or the “Company”), a technology-enabled consumer products company, today reminded its stockholders of the upcoming Special Meeting of Stockholders to be held virtually this week on July 10, 2026 at 10:00 a.m. Eastern Time, at www.virtualshareholdermeeting.com/ATER2026SM. The Company’s Board of Directors (the “Board”) unanimously r
About this update from Aterian, Inc.
Board-Approved Transactions Expected to Return $0.85–$1.14 Per Share to Stockholders NEW YORK, July 06, 2026 (GLOBE NEWSWIRE) -- Aterian, Inc. (Nasdaq: ATER) ("Aterian" or the "Company"), a technology-enabled consumer products company, today reminded its stockholders of the upcoming Special Meeting of Stockholders to be held virtually this week on July 10, 2026 at 10:00 a.m. Eastern Time, at www.virtualshareholdermeeting.com/ATER2026SM. The Company's Board of Directors (the "Board") unanimously recommends that stockholders vote "FOR" all proposals on the agenda. "When we began our strategic alternatives process, our primary objectives were to unlock the latent sum-of-the-parts value within our brand portfolio and squarely deliver that value back to our stockholders," stated Arturo Rodriguez, Chief Executive Officer of Aterian. "The $18 million asset sale, along with the $7 million strategic financing, will help accomplish that goal, establishing a transparent cash distribution channel through a CVR framework for our existing investors." "The Board strongly urges all stockholders to cast a 'FOR' vote on all proposals set forth in the proxy statement for the Company's July 10 Special Meeting. Every vote counts and your vote is critical to approving these transactions. If you have not yet voted, please do so today." WHY YOUR VOTE MATTERS The Board unanimously recommends that stockholders vote "FOR" the election of each of the director nominees named in the Director Election Proposal and "FOR" each of the following proposals: the Asset Sale Proposal, the Change of Control Proposal, the Related Party Proposal, the Issuance Proposal, the Reverse Stock Split Proposal, the Authorized Stock Increase Proposal and the Adjournment Proposal. Following a broad review of strategic alternatives initiated in late 2025, the Board has unanimously approved two major, concurrent transactions that together provide an actionable path to monetize the Company's portfolio, deliver value to stockholders, and protect the integrity of our brands: