BARK, Inc., a Delaware corporation, has announced a one-for-twenty reverse stock split of its common stock, effective April 1, 2026. This decision follows the approval of the amendment to the company's Restated Certificate of Incorporation by its stockholders during the annual meeting held on March 25, 2026. The reverse stock split aims to consolidate the number of shares outstanding, which may help improve the stock's market price and attract institutional investors. As a result of the split, the number of shares available for issuance under the company's stock incentive plans will be proportionately decreased, and the exercise prices of outstanding warrants will also be adjusted accordingly. The company will maintain its authorized shares at 500 million, and no fractional shares will be issued; instead, stockholders will receive cash payments for any fractional shares resulting from the split. The common stock will continue to trade on the New York Stock Exchange under the existing symbol 'BARK' on a split-adjusted basis. This strategic move is seen as a necessary step to enhance the company's stock performance and overall market perception.

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