Feb. 1 at 11:52 AM
$BARK 🔴🔴 🔴 Important note: The second buyout proposal of M. Lemonis comes with Nachum Klugman, president of GNK Holdings LLC.
Nachum Klugman is not new in BARK. In October 2025, the BARK major shareholder Shay Capital proposed Klugman as a nominee for the directors' board. Also, Shay proposed a
$25 million stock buyback as they noted that the share price is too undervalued at that time.
Shay Capital withdrew the proposal for Klugman and a few days later came the buyout proposal by Lemonis-Klugman.
Therefore, the Lemonis-Klugman KNOW already BARK financials very well and their offer can also be considered as an insiders offer, not from a third party which needs a lot of DD.
Here we have a game of patience for the control of BARK between two parts deeply involved already. It won't be easy for both to go back.
