Aterian, Inc. completed the sale of marquee consumer brands to Trademark Global, LLC for $18.0 million in cash and sold $7.0 million in preferred stock to David E. Lazar, who now owns approximately 95.8% of the company and has been appointed CEO. The company repaid all outstanding indebtedness under its existing credit agreement and issued a dividend in the form of contingent value rights (CVRs) to holders of record as of July 8, 2026, payable on August 17, 2026. Stockholders approved a reverse stock split within a range of 1-for-2 to 1-for-99 and an increase in authorized common stock to 1,000,000,000 shares. Aterian operates in the e-commerce sector, providing consumer brands and data-driven product development.

Aterian, Inc. adjourned the special meeting of its stockholders on July 10, 2026, because there were insufficient votes to approve the Asset Sale Proposal to Trademark Global, LLC. The meeting will reconvene on July 17, 2026, to allow stockholders to vote on the sale of substantially all of the company's assets and a related investment transaction. Aterian, Inc. is an e-commerce company operating in the consumer goods industry.

Aterian, Inc. announced an asset sale to Trademark Global, LLC and a securities purchase by David E. Lazar involving 1,750,000 shares each of Series AA and AAA Preferred Stock. The company declared a special dividend in the form of contingent value rights (CVR) to common stock and warrant holders as of July 8, 2026, with an expected distribution range of $0.85 to $1.14 per share. Aterian, Inc. is a consumer products company.