On June 4, 2026, Allbirds, Inc. sold $5.0 million in aggregate principal amount of senior secured convertible notes under a previously established facility. This amount includes $2.0 million subject to the Nasdaq Proposal. An aggregate principal amount of $41.75 million remains available for sale under the facility. Net proceeds will be used for working capital and general corporate purposes. The company operates in the footwear industry and designs and sells sustainable shoes.