Dec 18, 2020
NEW YORK (AP) Bark, which ships pet toys and treats every month, is heading to Wall Street, taking advantage of the pandemic-related boom in online pet spending.
Founded in 2012, Bark ships dog treats, chews and squeaky toys, through its service called BarkBox. It also has other brands, including Bark Eats, which creates personalized meal plans for pups.
It’s a good time to sell kibble online. More people are avoiding stores and shopping for their pets online during the pandemic. Pet supplies are one of the fastest growing categories online, with sales up 64% in the first eight months of this year, according to retail consulting firm 1010data.
Another dog company heads to Wall Street: Bark to go public alaskahighwaynews.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from alaskahighwaynews.ca Daily Mail and Mail on Sunday newspapers.
Marijuana themes are proving to be popular in two particular areas pets and weddings.
Benzinga spoke with several business operators who say incorporating cannabis into their offerings has only bolstered business.
Related links: Cannabidiol And Your Pets: A Guide To Effective. Read More. Don t Miss Any Updates! News Directly in Your Inbox Subscribe to:
A SPAC from New York Islanders owner Jon Ledecky and former Hearst Magazines and Cosmopolitan executive Joanna Coles is bringing BarkBox owner BARK public.
The SPAC Deal: BARK is going public via SPAC Northern Star Acquisition Corp (NYSE:STIC.U). This is a fast deal in the SPAC world since the. Read More. Don t Miss Any Updates! News Directly in Your Inbox Subscribe to:
Share:
A SPAC from New York Islanders owner Jon Ledecky and former Hearst Magazines and Cosmopolitan executive Joanna Coles is bringing BarkBox owner BARK public.
The SPAC Deal: BARK is going public via SPAC
Northern Star Acquisition Corp (NYSE:STIC.U). This is a fast deal in the SPAC world since the company is still trading as units and has not split into common shares and warrants. The SPAC deal values the company at an enterprise value of $1.6 billion.
SPAC units are expected to split around Dec. 18. Current SPAC shareholders are expected to own 12.6% of the new company. Each unit includes one-third of a warrant and one common share.