On March 18, 2026, Fathom Holdings Inc. entered into a subordinated secured promissory note with Bed Bath & Beyond, Inc. for an original principal amount of $2 million. This financing arrangement is part of a broader strategy to enhance liquidity and support operational execution. The Bridge Note, which carries an interest rate of 9% per annum, is secured by all assets of Fathom Holdings and its material subsidiaries. The principal amount is due on April 1, 2027, with interest payable in kind, adding to the principal at the end of each month. This agreement also includes a security agreement and a subsidiary guarantee, ensuring that the obligations under the Bridge Note are backed by the company's assets. The subordination of the Bridge Note to existing senior debt indicates a careful approach to managing financial obligations while seeking to bolster the company's capital structure. The terms of this financing are expected to provide Fathom Holdings with the necessary resources to navigate its operational challenges and pursue growth opportunities in the competitive market. The company is committed to maintaining its governance controls and ensuring compliance with legal and regulatory requirements as it moves forward with this financing.

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