GNK Holdings LLC along with Marcus Lemonis submitted a preliminary, non-binding indication of interest to acquire BARK, Inc. (NYSE:BARK) on January 14, 2026. A cash consideration valued at $1.1 per share will be paid by GNK Holdings LLC.
The transaction is subject to consummation of due diligence investigation.
Haynes and Boone, LLP acted as legal advisor for GNK Holdings LLC. Palladium Capital Group, LLC acted as due diligence provider for GNK Holdings LLC.
BARK, Inc. is a dog-centric company. The Company is a vertically integrated, omnichannel brand serving dogs across two key categories: toys & accessories and consumables. All of its products are designed, developed, and branded BARK. The Company's segments include direct to consumer and commerce. Its products are sold Direct-to-Consumer (DTC) and through its network of retail partners. It offers BarkBox and Super Chewer, which are subscription products that feature monthly themed boxes of BARK toys and treats that are delivered directly to a dog’s home. Customers have the option to subscribe to these products on a one-month, six months, or twelve-month basis. It offers its customers incremental products via ATB, which allows it to cross-sell customers its full portfolio of products, including kibble, treats, toppers, dental, and more. Its toys category also includes revenue derived from the sale of other products, such as beds, leashes, apparel, and other miscellaneous products.
