ATER - Mergers and acquisitions

SUMMIT, N.J., March 23, 2026 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian" or the "Company"), a consumer products company, today provided the following update on its previously announced Strategic Alternative Process. "Our Strategic Alternative Process is progressing well since our first announcement in December 2025. We continue to engage in constructive discussions regarding potential strategic alternatives and are making progress in evaluating opportunities. We are guided in this initiative by our continued belief that our current market valuation simply does not reflect the sum-of-the-parts value of our brand portfolio. We continue to approach this review thoughtfully and

SUMMIT, N.J., Dec. 08, 2025 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER), a consumer products company, today announced that the Company's Board of Directors has authorized the initiation of a formal process to evaluate and explore strategic alternatives aimed at maximizing shareholder value. These strategic alternatives could include, among other things, a potential sale of assets of the Company, a sale of the Company, a business combination, a merger or other strategic action. There can be no assurances regarding any specific outcome or transaction resulting from this strategic review. The Company has not established a timetable for completion of the review and does not intend to prov

SUMMIT, N.J., Oct. 29, 2025 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER), a consumer products company, today announced that its hOmeLabs brand line of dehumidifiers is now available on homedepot.com.   The Company's portfolio of hOmeLabs dehumidifiers are designed to make everyday living healthier and more efficient. hOmeLabs dehumidifiers blend high performance with sleek, modern design and features that include user-friendly controls, Energy Star ratings, easy portability, and Wi-Fi enabled operations. Customers can say goodbye to excess moisture and hello to comfort with hOmeLabs dehumidifiers to create a healthier, fresher living space. "We are thrilled to expand our relationship

SUMMIT, N.J., Oct. 23, 2025 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER), a consumer products company, today announced the launch of the Tallow Skin Care line of beef tallow-based scented and unscented balms and salves under its Healing Solutions® brand. Each formula features 100% grass-fed, grass-finished suet beef tallow responsibly sourced in the United States, blended with manuka honey, organic jojoba seed oil, and organic beeswax. These products are now available for sale in the United States on Amazon.com, Walmart.com and www.healingsolutions.com. "Aterian is thrilled to announce the launch of an exciting new addition to the Healing Solutions product line – the Tallow Skin Care C

SUMMIT, N.J., Oct. 14, 2025 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER), a consumer products company, today announced the launch of select products from four of its trusted home essential and health brands on bedbathandbeyond.com. Effective October 2, 2025, offerings from hOmeLabs, Squatty Potty, PurSteam, and Mueller Living are available online from one of retail's most iconic names. "The team at Bed Bath & Beyond has done a remarkable job re-invigorating this storied retail brand and we are excited to introduce their customers to our family of products designed to improve their everyday lives," said Arturo Rodriguez, Chief Executive Officer of Aterian. "Securing this new digital she

SUMMIT, N.J., Oct. 06, 2025 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER), a consumer products company, today unveiled its October Prime Day lineup offering limited-time deals of up to 32% off top-rated products across all of its premier e-commerce brands - hOmeLabs, Squatty Potty, PurSteam, Mueller Living, Healing Solutions, and Photo Paper Direct. Prime Day deals run from October 7-8, 2025 while supplies last. "The success of our July Prime Day participation highlighted the strong demand for our products, and we're eager to continue offering shoppers outstanding value on our great products," said Arturo Rodriguez, Chief Executive Officer. "With the holidays approaching, it's the perf

SUMMIT, N.J. and NASHVILLE, Tenn., Sept. 10, 2025 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER), a consumer products company, proudly announced that it received an Orchestrators Innovation Award from Genesys®, a global cloud leader in AI-powered experience orchestration. Aterian was honored at Xperience2025, an annual event sponsored by Genesys where industry leaders, technology enthusiasts and professionals come together to explore the latest in customer experience innovation, AI and cloud solutions. "We are honored to receive this award from Genesys, recognizing Aterian's dedication to innovation in technology, AI, and customer experience," said Roi Zahut, Aterian's Chief Technology O

Newest Bathroom Essential from the Creators of the #1 Way to #2 100% Plant-Based Fibers, Hypoallergenic, and Septic Safe SUMMIT, N.J., Sept. 03, 2025 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER), a consumer products company, today announced the launch of Squatty Potty Wipes, the Company's flagship entry into the consumable products market. Squatty Potty wipes are now available for sale in the United States on Amazon.com and www.squattypotty.com. The wipes launched in the United Kingdom in late August 2025 are also available at Amazon.co.uk. Squatty Potty wipes are pH balanced, alcohol free, cruelty free (no animal testing), and safe for sensitive and eczema prone skin. Made wi

SUMMIT, N.J., Aug. 20, 2025 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER), a consumer products company, today announced the launch of several new products across multiple brands on BestBuy.com, effective August 19, 2025. Select offerings from Aterian's family of trusted brands - hOmeLabs, Squatty Potty, PurSteam, Mueller Living, and Photo Paper Direct – are now available to consumers on one of the largest online retailers in the United States. "We are continuing to execute our omnichannel growth strategy as part of our long-term mission, and this relationship with Best Buy is an important step to scale our e-commerce presence, reach new audiences, and broaden consumer access to our pro

SUMMIT, N.J., July 07, 2025 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER), a consumer products company, today unveiled its Prime Day lineup offering limited-time deals of up to 36% off top-rated products across six of its premier e-commerce brands—hOmeLabs, Squatty Potty, PurSteam, Mueller Living, Healing Solutions, and Photo Paper Direct—bringing must-have home upgrades, wellness essentials, culinary aids, and premium printable fabrics to savvy shoppers this summer. Shoppers can take advantage of these exclusive limited-time savings on top-rated items, from smart dehumidifiers and ergonomic stools to steam-powered cleaning tools, versatile kitchen gadgets, therapeutic oils, and printab

SUMMIT, N.J., June 25, 2025 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER), a consumer products company, today announced the expansion of its presence on Mercado Libre, Latin America's leading e-commerce platform. Building on its 2024 launch on Mercado Libre's Mexico marketplace, Aterian began offering select products from its PurSteam, Mueller, and Squatty Potty brands on Mercado Libre's platforms in Chile, Colombia, and Argentina during the second quarter of 2025 reflecting a continued focus on categories such as home, kitchen, and wellness. "The expansion of our partnership with Mercado Libre advances Aterian's long-term vision to scale our e-commerce presence beyond the U.S. to acces

SUMMIT, N.J., June 18, 2025 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER), a consumer products company, today announced the launch of select products from its flagship brands—including Squatty Potty, hOmeLabs, Healing Solutions, Mueller Living, and PurSteam—on Temu, a global e-commerce marketplace with a fast-growing U.S. customer base. Each of these products became available on Temu during the second quarter of 2025. Aterian is leveraging Temu's platform to connect with a new wave of online shoppers. Temu links consumers with millions of global sellers and manufacturers, offering a wide range of quality merchandise at competitive prices through a discovery-driven shopping experience

SUMMIT, N.J., June 11, 2025 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER), a consumer products company, today announced the national launch of two of its most innovative home appliances - the PurSteam Steam Station Max and the Mueller Living Cordless Portable Vacuum Sealer - now available nationwide across Walmart locations. "These launches reflect Aterian's broader mission to expand our omni-channel presence by bringing high-quality consumer products to both digital and physical retail platforms," said Arturo Rodriguez, Chief Executive Officer of Aterian. "The increased brand visibility, coupled with mass-market accessibility, is designed to strengthen the Company's growth trajectory a

SUMMIT, N.J., March 18, 2025 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian" or the "Company"), a technology-enabled consumer products company, announced today that its Board of Directors has authorized a share repurchase program of up to $3.0 million of the Company's common stock for a period of two years ending March 18, 2027. "The Board's decision reflects our collective confidence in the Company's future, the strength and flexibility of our financial profile, and our commitment to shareholders. We firmly believe that Aterian's stock is significantly undervalued, and this repurchase program underscores our conviction in the long-term value we are creating," said Arturo Rodri

SUMMIT, N.J., Dec. 09, 2024 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian" or the "Company"), a technology-enabled consumer products company, today announced the launch of three new products, now available for purchase on Amazon.com and Walmart.com. These products will also be available on MercadoLibre and Target+ by next week. The product launches include two additions to Aterian's PurSteam brand and one to its Mueller Living brand. PurSteam LaunchesThe newly launched PurSteam products, the Steam Station Max and the ScrubMaster, are groundbreaking products that mark a major milestone for PurSteam, showcasing the brand's commitment to innovation, quality, and meeting the

Expands Squatty Potty Product Offerings On Target+ Continues Omni-Channel Expansion Strategy SUMMIT, N.J., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian" or the "Company"), a technology-enabled consumer products company, today announced that it has begun selling products from its popular hOmeLabs, PurSteam, and Mueller Living brands on Target+, the online marketplace of Target Corporation. The Company expanded its product offerings from Squatty Potty on Target+ as well. This strategic expansion provides Aterian with a premium platform to reach millions of new online shoppers and underscores the Company's strategy to grow its omni-channel presence while maintain

First Quarter Net Revenue Range Improved to $20.0 Million to $21.0 Million First Quarter Adjusted EBITDA Loss Range Improved to ($2.4) Million to ($2.9) Million NEW YORK, April 22, 2024 (GLOBE NEWSWIRE) --  Aterian, Inc. (NASDAQ:ATER) ("Aterian" or the "Company") today announced updates to its previously announced net revenue and Adjusted EBITDA ranges for the first quarter of 2024 ended March 31, 2024. The net revenue and Adjusted EBITDA information is based on preliminary data, which has not been subjected to normal quarter end closing and review procedures. The Company expects to report its finalized first quarter 2024 results in early May 2024. The Company expects its first quarter

NEW YORK, April 09, 2024 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian" or the "Company") today announced that it has begun selling select products on the Mercado Libre marketplace in Mexico as part of a partnership with Mercado Libre. Aterian is currently selling products from its home and kitchen category on Mercado Libre's Mexico marketplace and plans to add more products in the near future. Aterian's longer term vision entails expanding its product portfolio and presence across all Mercado Libre marketplaces throughout Latin America. "We are excited for the opportunity to partner with Mercado Libre to deliver value to its customers," said Joseph Risico, Aterian's Co-C

NEW YORK, March 20, 2024 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian" or the "Company") has announced a 1-for-12 reverse stock split of its common stock, effective with the market opening on Friday, March 22, 2024. This move is aimed at meeting Nasdaq's continued listing standards, specifically to increase the per share price above the minimum $1.00 threshold required by Nasdaq. The reverse split was authorized by the Company's shareholders on August 11, 2023, granting the Company's Board of Directors (the "Board") the power to determine the timing and ratio of the split. The Board has now decided on the 1-for-12 ratio and will amend the Company's Amended and Restated Certi

NEW YORK, March 07, 2024 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian" or the "Company") today announced the recent closing of a strategic minority equity investment in 4th & Heart, the leading U.S. maker of premium ghee butter products. The Company invested approximately $0.2 million in cash and approximately 145,000 shares of Aterian common stock. No other terms of the transaction were disclosed. "We are excited to announce our participation in 4th & Heart's funding round and we look forward to exploring potential strategic opportunities between our two companies," said Joe Risico, Aterian's Co-CEO. "Like our Squatty Potty brand, we see a lot of value in partnering and inv

Credit Facility's Financial Liquidity Covenant More Favorable Maturity Extended to December 2026 NEW YORK, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian" or the "Company") today announced that it has extended its asset backed credit facility ("Credit Facility") with MidCap Financial, which is managed by a subsidiary of Apollo Global Management, Inc. The Credit Facility term has been extended to December 2026 and gives Aterian access to $17.0 million in current commitments which can be increased, subject to certain conditions, to $30.0 million. The Credit Facility extension reduces the minimum liquidity financial covenant from a peak of $15.0 million to $6.8 mil

Expected to Save $4.0 Million Annualized On Target for Second Half 2024 Adjusted EBITDA Profitability Fourth Quarter 2023 Net Revenue Range Improved to $31.2 Million to $32.0 Million Expected Adjusted EBITDA Loss Range Improved to $(6.3) Million to $(5.5) Million NEW YORK, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian" or the "Company") today announced a fixed cost reduction as part of the final steps of its previously announced SKU rationalization program. The Company also released certain preliminary fourth quarter 2023 results. Fixed Cost Reduction PlanThe fixed cost reduction plan is expected to align the Company's costs to what the Company believes wil

NEW YORK, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Squatty Potty, the toilet stool that positions people how nature intended, reducing their strain while eliminating, announced that select Squatty Potty toilet stools have launched in Walmart stores nationwide. Squatty Potty is a 100% owned brand of Aterian, Inc. (NASDAQ:ATER). "Our partnership with Walmart represents a significant step forward in our previously announced omnichannel expansion of the Squatty Potty brand. Walmart's footprint offers unparalleled opportunities to educate consumers on the many benefits of using Squatty Potty," said Phil Lepper, Chief Revenue Officer of Aterian. "We know people love their Squatty Potty and we added pr

NEW YORK, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian" or the "Company") today announced that it received written notice (the "Notice") from The Nasdaq Stock Market LLC ("Nasdaq") granting the Company a 180-day extension, or until April 22, 2024, to regain compliance with Nasdaq's $1.00 minimum bid price requirement as set forth in Nasdaq Listing Rule 5550(a)(2) (the "Rule"). This Notice has no immediate effect on the listing or trading of the Company's common stock on Nasdaq which will continue to trade under the symbol, "ATER." On April 24, 2023, Nasdaq notified the Company that its common stock had failed to comply with the Rule over the previous 30 con

NEW YORK, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian" or the "Company") today announced management's participation in the H.C. Wainwright 25th Annual Global Investment Conference being held September 11-13 at the Lotte New York Palace Hotel in New York City. The Company's Co-Chief Executive Officers, Joe Risico and Arturo Rodriguez, will be available for one-on-one meetings with investors. To schedule a meeting with Aterian's management, please contact your conference representative or you may also email your request to ir@aterian.io. The Company will also be giving an on-demand presentation that will be available to conference attendees and webcast on Wednesd

NEW YORK, July 31, 2023 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian"), today announced that it has granted a restricted stock award with respect to 70,000 shares of common stock to a new employee. This inducement award was granted pursuant to the Aterian 2022 Inducement Equity Incentive Plan and granted as an inducement material to the employee's employment with Aterian in accordance with Nasdaq Listing Rule 5635(c)(4). The award will vest over three years, with 33.33% of the total number of shares subject to the award vesting on the one-year anniversary of the date of the recipient's commencement of employment with Aterian and the balance vesting in equal amounts on a quarte

First Quarter Revenue Between $34.0 Million to $35.0 Million First Quarter Adjusted EBITDA Loss Range Improved to $(3.9) Million to $(4.5) Million NEW YORK, April 19, 2023 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian" or the "Company") today announced updates to its previously announced net revenue and adjusted EBITDA ranges for the first quarter of 2023 ended March 31, 2023. The net revenue and adjusted EBITDA information is based on preliminary data, which has not been subjected to normal quarter end closing and review procedures. The Company expects to report its finalized first quarter 2023 results in early May 2023. The Company expects its first quarter net reve

NEW YORK, April 03, 2023 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian" or the "Company"), has been named in the fourth annual Financial Times ranking of The Americas' Fastest Growing Companies 2023 for the fourth year in a row, ranking 233rd out of 500 companies. This recognition is presented by the Financial Times and Statista Inc., the world-leading statistics portal and industry ranking provider. The Americas' Fastest Growing Companies list ranks companies with the strongest compounded annual revenue growth between 2018 and 2021 for public and private businesses across North, Central, and South America. Aterian grew 50% by that metric during that period. Yaniv Sarig, Co-F

NEW YORK, March 31, 2023 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian"), today announced that it has granted restricted stock awards with respect to 140,000 shares of common stock to two new employees. These inducement awards were granted pursuant to the Aterian 2022 Inducement Equity Incentive Plan and granted as an inducement material to the employees' employment with Aterian in accordance with Nasdaq Listing Rule 5635(c)(4). The awards will vest over three years, with 33.33% of the total number of shares subject to the award vesting on the one-year anniversary of the date of the recipient's commencement of employment with Aterian and the balance vesting in equal amounts on

NEW YORK, March 03, 2023 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian"), today announced that it has granted restricted stock awards with respect to 190,000 shares of common stock to two new employees. These inducement awards were granted pursuant to the Aterian 2022 Inducement Equity Incentive Plan and granted as an inducement material to the employees' employment with Aterian in accordance with Nasdaq Listing Rule 5635(c)(4). The awards will vest over three years, with 33.33% of the total number of shares subject to the award vesting on the one-year anniversary of the date of the recipient's commencement of employment with Aterian and the balance vesting in equal amounts on

NEW YORK, Feb. 21, 2023 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian" or the "Company") today announced that it is accelerating its expansion to Europe. Aterian has launched an additional 15 new products in Europe and is working towards maximizing its existing portfolio expansion by the end of the year in the UK, Germany, France, Italy and Spain. "We are excited about the rapid progress we are making towards expanding our total addressable market. We now sell approximately 90 products in Europe through Amazon and have been working closely with their team and other logistics partners to further scale our footprint. " commented Mihal Chaouat-Fix, Chief Supply Chain Office

NEW YORK, Feb. 06, 2023 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian" or the "Company") today announced it has made several management promotions and changes that the Company believes will further streamline its operations as it continues to target Adjusted EBITDA profitability in the second half of 2023. Mihal Chaouat-Fix has been promoted to Chief Supply Chain Officer. Ms. Chaouat-Fix joined the Company in 2014 and has served as Aterian's Chief Product Officer since September 2018. Ms. Chaouat-Fix's role has been expanded to include oversight of all aspects of the Company's supply chain. Tim Stanton has been promoted to Chief E-Commerce Officer. Mr. Stanton joined Aterian

Fourth Quarter 2022 Revenue Range $54.0 Million to $55.0 Million CEO to Take 80% of 2023 Base Salary in Restricted Aterian Common Stock NEW YORK, Jan. 17, 2023 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian" or the "Company") today announced preliminary net revenue results for the fourth quarter and fiscal year 2022 ended December 31, 2022. The net revenue information is based on preliminary data, which has not been subjected to our normal year end closing and review procedures. The Company expects to report its audited year end results in March 2023. The Company expects fourth quarter net revenue in the range of $54.0 million to $55.0 million and full year 2022 net revenue

Third Quarter Net Revenue Will Be In The Range of $62 Million To $66 Million Company Intends To Acquire A Health & Wellness Brand NEW YORK, Sept. 29, 2022 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian" or the "Company") today announced that it is resuming its M&A strategy after its previously announced pause following the disruption of the global ecosystem due to the COVID-19 pandemic. The Company intends to purchase the assets of a brand in the health and wellness category. The Company believes that the acquisition will be accretive; expanding and securing market share in an existing portfolio brand's category. The specific terms of the acquisition will not be disclosed. Y

NEW YORK, Aug. 31, 2022 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian"), today announced that it has granted a restricted stock award with respect to 60,000 shares of common stock to a new employee. This inducement award was granted pursuant to the Aterian 2022 Inducement Equity Incentive Plan and granted as an inducement material to the employee's employment with Aterian in accordance with Nasdaq Listing Rule 5635(c)(4). The award will vest over three years, with 33.33% of the total number of shares subject to the award vesting on the one-year anniversary of the date of the recipient's commencement of employment with Aterian and the balance vesting in equal amounts on a quarte

NEW YORK, Aug. 18, 2022 /PRNewswire/ -- Popular Science and hOmeLabs are proud to announce the launch of their newly co-branded air purifier. This is the first co-branded product from the partnership between Recurrent and Aterian, which was announced in December 2021.  "Popular Science is an iconic and beloved brand that doesn't put its name on products lightly," says Adam Morath, General Manager of Recurrent's Science, Tech, and Outdoor brands. "This has been a collaborative effort by two innovative companies, and a first, but important step in our co-branding initiative. We're confident the product's thoughtful design, impressive tech specs, and carbon offset program will resonate with Pop

NEW YORK, Aug. 18, 2022 (GLOBE NEWSWIRE) -- Popular Science and hOmeLabs are proud to announce the launch of their newly co-branded air purifier. This is the first co-branded product from the partnership between Recurrent and Aterian, which was announced in December 2021. "Popular Science is an iconic and beloved brand that doesn't put its name on products lightly," says Adam Morath, General Manager of Recurrent's Science, Tech, and Outdoor brands. "This has been a collaborative effort by two innovative companies, and a first, but important step in our co-branding initiative. We're confident the product's thoughtful design, impressive tech specs, and carbon offset program will resonate

NEW YORK, June 02, 2022 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian"), today announced that it has granted a restricted stock award with respect to 500,000 shares of common stock to Anton von Rueden, Aterian's newly appointed Chief Operating Officer. This inducement award was granted pursuant to the Aterian 2022 Inducement Equity Incentive Plan, approved by the compensation committee of Aterian's board of directors on May 27, 2022 (the "2022 Inducement Plan"), and granted as an inducement material to Mr. von Rueden's employment with Aterian in accordance with Nasdaq Listing Rule 5635(c)(4). The award will vest over three years, with 33.33% of the total number of shares vestin

NEW YORK, April 06, 2022 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian" or the "Company") announced that it has been recognized in the third annual Financial Times ranking of The Americas' Fastest Growing Companies. The rankings are based on the compound annual growth rate (CAGR) in revenue, between 2017 and 2020 for public and private businesses across North and South America. Aterian was ranked 166th out of 500 on the 2022 list. To view the full list go tohttps://www.ft.com/content/6ee8f978-a2e0-4644-b7c7-0718a334adb7 Yaniv Sarig, Co-Founder and Chief Executive Officer, commented, "We are very excited to have been recognized and honored to be ranked by the Financial Times f

NEW YORK, April 01, 2022 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian" or the "Company") announced that effective today Cynthia Williams has joined the Company's Board of Directors (the "Board"). Williams is an experienced e-commerce and technology executive who recently joined Hasbro, Inc. (NASDAQ:HAS) as President of its Digital Gaming Division and its subsidiary Wizards of the Coast, the maker of games that include Dungeons & Dragons and Magic: The Gathering. Prior to joining Hasbro Inc., Williams served as Vice President and General Manager of Microsoft Corporation's Gaming Ecosystem Commercial Team. Prior to Microsoft, Williams spent nearly 11 years at Amazon.com I

NEW YORK, March 04, 2022 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian" or the "Company") today announced the closing of its previously announced private placement for the issuance and sale of 6,436,322 shares of common stock (the "Common Stock"), 3,013,850 pre-funded warrants to purchase Common Stock (the "Pre-Funded Warrants") and accompanying warrants (the "Warrants") to purchase an aggregate of up to 7,087,630 shares of Common Stock. The Warrants are exercisable six months from the date of issuance at an exercise price of $3.20 and will expire five and a half years from the date of issuance. Each share of Common Stock and accompanying Warrant were sold together at a combine

NEW YORK, March 02, 2022 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian" or the "Company") announced today that it has entered into a securities purchase agreement with certain accredited investors for a private placement transaction (the "Private Placement"). Aterian will issue and sell 9,450,172 shares of common stock (the "Common Stock") (or, in lieu of shares of Common Stock, pre-funded warrants to purchase Common Stock (the "Pre-Funded Warrants")) and accompanying warrants (the "Warrants") exercisable six months from closing to purchase up to 7,087,630 shares of Common Stock for a period of five years at an exercise price of $3.20 per share (the "Offering"). Each share

Susan Lattmann and Sarah Liebel Bring Significant E-commerce and Financial Expertise Aterian's Board Now Majority Female Greg Petersen to Transition Off Board April 1st NEW YORK, Feb. 01, 2022 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian" or the "Company") announced that effective today Susan Lattmann and Sarah Liebel have joined the Company's Board of Directors (the "Board"). In addition, Greg Petersen plans to transition off the Board effective April 1, 2022, following the end of the first quarter and the reporting of the Company's 10-K for the 2021 fiscal year. Lattmann, who is an experienced executive and corporate board director, having spent more than 23 years at Be

NEW YORK, Dec. 27, 2021 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian") announced today that it has signed an asset backed credit facility with MidCap Financial Trust ("MidCap"), which is managed by a subsidiary of Apollo Global Management, Inc. The credit facility has a three year term and gives Aterian access to up to $50 million in total credit, consisting of $40 million in commitments with an accordion facility of an additional $10 million. On the closing, Aterian has repaid in cash and satisfied all outstanding obligations under its existing $25.0 million term loan with High Trail. Aterian's Chief Executive Officer, Yaniv Sarig, commented, "This credit facility is a tes

NEW YORK, Dec. 13, 2021 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian") announced today that it plans to partner with Recurrent Ventures Inc. ("Recurrent") for strategic marketing efforts. As part of the collaboration, Recurrent and Aterian intend to combine Recurrent's iconic digital media brands and publishing business with Aterian's data and E-Commerce platform to promote products through affiliate marketing and editorial coverage as well as launching new co-branded products and brands. Aterian's Chief Executive Officer, Yaniv Sarig, commented, "Recurrent's combination of iconic brands, world class editorial capabilities and performance marketing expertise make them a perfe

NEW YORK, Nov. 18, 2021 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian") announced today that it ranked 303rd on Deloitte's 2021 Technology Fast 500™, a ranking of the 500 fastest growing —public and private— technology, media, telecommunications, life sciences and energy tech companies in North America. The ranking is now in its 27th year and award winners for 2021 are selected based on percentage fiscal year revenue growth during the period from 2017 to 2020. During this period, Aterian's revenue grew 409%. Link to the complete results:https://www2.deloitte.com/us/en/pages/technology-media-and-telecommunications/articles/fast500-winners.html Aterian's Chief Executive Officer

NEW YORK, Oct. 01, 2021 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian" or the "Company") today announced the beta launch of its affiliate marketing platform, DealMojo, which connects publishers, content creators and influencers ("Affiliates") with leading Amazon sellers who offer bonus commissions to the Affiliates. "Aterian continues to invest in both E-Commerce innovation and diversifying its revenue stream exemplified by our launch of DealMojo," said Yaniv Sarig, Co-Founder and Chief Executive Officer of Aterian. "Through DealMojo, sellers on Amazon can connect directly with publishers, influencers and other affiliate marketers to promote their Amazon listings and drive mor

NEW YORK, Sept. 23, 2021 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian" or the "Company") announced today that it has reached an agreement with its lender, High Trail, to pay down its outstanding secured term debt in an aggregate principal amount of $66.3 million plus accrued and unpaid interest, which amount will be paid in shares of the Company's common stock in accordance with the terms of the notes evidencing such debt. The remaining $25.0 million term loan debt will now mature in April 2023 and all financial covenants have been restructured. "I am excited to share with our shareholders that Aterian has reached an agreement with its lender to satisfy the majority of its ou

NEW YORK, Aug. 30, 2021 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian" or the "Company") announced today the launch of its Shareholder Perks Program. The program grants Aterian shareholders who meet certain criteria various discounts on best selling products from Aterian brand websites or Amazon.com. "The shareholder perks program is something we have envisioned since we became a public company. We often speak with customers who are over the moon happy with our products and ask how they can become shareholders," said Yaniv Sarig, Co-founder and CEO of Aterian. "Shareholders who join the Perks Program will receive weekly emails starting this Friday with exciting discounts they

NEW YORK, July 07, 2021 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian" or the "Company") announced today that effective June 30, 2021, Fabrice Hamaide's contract with the Company terminated. Mr. Hamaide served as General Manager and Head of M&A, Europe. "I want to thank Fabrice for his service to Aterian and wish him well in his future endeavors" said Yaniv Sarig, Co-founder and CEO of Aterian. "In the interim, Joe Risico, Chief Legal Officer and Head of M&A, U.S., will assume all responsibilities related to our European M&A activities. We are currently pursuing opportunities domestically and abroad as part of our M&A efforts and will share any developments as they become avail

NEW YORK, June 14, 2021 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian" or the "Company") announced today that it is set to join the small-cap Russell 2000 Index and broad-market Russell 3000 Index, at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the US market opens on June 28. "We are very pleased that Aterian is set to join the Russell 2000 Index," said Yaniv Sarig, Co-Founder and CEO of Aterian. "Inclusion in this index is a reflection of the progress we have made since going public in 2019 and marks another step forward in continuing to expand our reach more broadly within the investment community." Annual Russell indexes reconstitution

NEW YORK, June 01, 2021 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian" or the "Company") announced today that certain stockholders (the "Stockholders") have voluntarily entered into lock-up agreements with the Company (the "Agreements") with respect to an aggregate of 4,058,116 shares of common stock ("Lock-up Shares"), or 13.3% of the total issued and outstanding shares of common stock of the Company as of March 31, 2021. Aterian's Co-Founder and CEO, Yaniv Sarig, agreed to lock up all of the shares that he controls through January 1, 2022. Also included among the Stockholders are the Company's co-founders, Asher Delug and Maximus Yaney (and certain of his affiliates), as wel

Anna Andreeva, Senior Analyst & Managing Director covering the Consumer E-Commerce Sector, Interviews Yaniv Sarig, Co-Founder & CEO, and Arturo Rodriguez, CFO Fireside Chat Highlights How the Company's Proprietary Technology Enables Growth and Fuels M&A NEW YORK, May 20, 2021 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ:ATER) ("Aterian" or the "Company") today announced a recap of Co-Founder & CEO, Yaniv Sarig, and CFO Arturo Rodriguez's participation in the 16th Annual Needham Technology & Media Conference on May 17, 2021. In a broad interview, Needham Senior Analyst, Anna Andreeva, Mr. Sarig and Mr. Rodriguez discussed a range of topics including: the Company's overall strategy, how i