Post #2172927

The firm went public in 2021, but has been downsizing its operations of late and closing a number of stores. Its last annual report noted the company’s ongoing losses and substantial doubts about its ability to continue as a going concern. In late March the firm announced a deal to sell its IP and most of its assets and liabilities to fashion brand management firm American Exchange Group for $39 million in a deal set to close in Q2 2026.” https://www.datacenterdynamics.com/en/news/shoe-company-allbirds-attempts-pivot-to-becoming-neocloud-gpu-as-a-service-provider/