ATER News & Events

Aterian 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 provide additional updates unless and until it determines further disclosure is appropriate or required.

Aterian trading halted, news pending

Aterian (ATER) announced that its hOmeLabs brand line of dehumidifiers is now available on homedepot.com (HD). "We are thrilled to expand our relationship with Home Depot with the introduction of our hOmeLabs line of dehumidifiers," said Arturo Rodriguez, Chief Executive Officer of Aterian. "Home Depot is one of the most trusted retail brands in the U.S. with millions of visits each month. Securing this new digital shelf presence reflects our continuing focus on elevating our brands, driving our omni-channel sales strategy, and meeting our customers where they shop."