BARK Announces Reverse Stock Split and Operational Updates to Enhance Shareholder Value

BARK, Inc. announced the results of its Annual Meeting of Stockholders, approving a 1-for-20 reverse stock split to regain NYSE listing compliance. The split is expected to become effective on April 1, 2026. The company aims to increase per-share trading price, improve marketability, and regain NYSE listing. BARK also announced cost-cutting initiatives and incremental tariffs paid, with a focus on driving sustainable value creation and capital allocation.