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.
