Allbirds, Inc. announced new financing agreements designed to optimize working capital and enhance financial flexibility. These agreements are intended to support the company’s long-term growth plans, including reigniting product and marketing initiatives.
The comprehensive financing package includes a new credit facility with a higher borrowing base and improved terms. This action strengthens Allbirds' capital structure and provides increased optionality as it pursues its growth strategies.
As of March 31, 2025, Allbirds maintained a strong financial condition with $39.1 million in cash and cash equivalents. The company also filed a registration statement for a $22.5 million At-The-Market (ATM) program for Class A common stock, with TD Cowen acting as financial advisor and sales agent.
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