Allbirds is selling all its assets for $39M
The wool sneaker brand that briefly hit a $4 billion valuation in 2021 has agreed to sell all its assets and IP to American Exchange Group. The company is dissolving. Shares jumped 36% after-hours ...
Source: TNW | Business
The wool sneaker brand that briefly hit a $4 billion valuation in 2021 has agreed to sell all its assets and IP to American Exchange Group. The company is dissolving. Shares jumped 36% after-hours because $39M is still a premium over where they were already trading. Allbirds has agreed to sell all of its intellectual […] This story continues at The Next Web
