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InvestorNewsBreaks

InvestorNewsBreaks – Aterian Inc. (NASDAQ: ATER) to Join Russell 2000 Index

June 14, 2021

Aterian (NASDAQ: ATER), a leading technology enabled consumer products platform, today announced 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 opening of the U.S. market on June 28. “We are very pleased that Aterian […]

InvestorNewsBreaks

InvestorNewsBreaks – Aterian Inc. (NASDAQ: ATER) Announces $40M Private Placement

June 11, 2021

Aterian (NASDAQ: ATER) today announced that it has entered into a securities purchase agreement with several institutional investors for a private placement of the company’s common stock. The company expects to secure approximately $40 million in gross proceeds from the private placement before deducting agent fees and other transaction-related expenses. Aterian will issue 2,666,667 shares, […]

InvestorNewsBreaks

InvestorNewsBreaks – Aterian Inc. (NASDAQ: ATER) Announces Voluntary Lock-up Agreements

June 1, 2021

Aterian (NASDAQ: ATER) today announced that certain stockholders have voluntarily entered into lock-up agreements with the company 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. Per the update, Aterian’s co-founder […]

InvestorNewsBreaks

InvestorNewsBreaks – Aterian Inc. (NASDAQ: ATER) Announces Execs Participation in Tech & Media Conference; Upcoming Conferences Outlined

May 21, 2021

Aterian (NASDAQ: ATER), a leading technology-enabled consumer products platform that builds, acquires, and partners with best-in-class e-commerce brands, announced that key management personnel participated in the 16th annual Needham Technology & Media Conference. Participants included co-founder & CEO Yaniv Sarig and CFO Arturo Rodriguez. The two ATER leaders were interviewed by Needham senior analyst Anna […]

InvestorNewsBreaks

InvestorNewsBreaks – Aterian Inc. (NASDAQ: ATER) Releases Q1 2021 Financial Results, Business Highlights

May 7, 2021

Aterian (NASDAQ: ATER), formerly named Mohawk Group Holdings Inc., has released is numbers for the first quarter 2021, the period ending March 31, 2021. Key stats worth noting include quarterly net revenue increasing 88% year over year, totaling $48.1 million, as well as the company raising its 2021 net revenue outlook range to between $360 […]

InvestorNewsBreaks

InvestorNewsBreaks – Aterian Inc. (NASDAQ: ATER) Releases Statement Regarding Inaccurate, Misleading Culper Research Report

May 5, 2021

Aterian (NASDAQ: ATER) has released a statement regarding the May 4, 2021, short seller Culper Research issued. Aterian noted that the report contained numerous false and misleading statements about the company and appeared to be an attempt to negatively impact and manipulate Aterian’s share price. Specifically the statement noted issues with information regarding revenue from […]

InvestorNewsBreaks

InvestorNewsBreaks – Mohawk Group Holdings Inc. (NASDAQ: MWK) Unveils Rebrand as Aterian Inc. (NASDAQ: ATER)

April 30, 2021

Mohawk Group Holdings (NASDAQ: MWK) has launched a rebrand that includes a new corporate name: Aterian Inc. (NASDAQ: ATER). Effective at 12:01 a.m. ET today, the new brand identity reflects the company’s strategic mission, operational expertise and market edge. The company, now named Aterian, is a market-leading, technology-enabled, consumer-products platform that builds, acquires and partners […]

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