Aterian Inc. (NASDAQ: ATER) announced progress in its strategic alternatives review process, which began in December 2025. The consumer products company stated it continues discussions regarding potential strategic alternatives and is evaluating opportunities.

"We continue to engage in constructive discussions regarding potential strategic alternatives and are making progress in evaluating opportunities," said Arturo Rodriguez, chief executive officer. The company expects to provide another update in mid-April.

Aterian's board of directors authorized the formal process to explore strategic alternatives aimed at maximizing shareholder value. The alternatives under consideration include a potential sale of company assets, sale of the entire company, business combination, merger or other strategic action.

The board and executive leadership team, working with financial and legal advisors, continue evaluating proposals that align with this mandate. A.G.P./Alliance Global Partners is assisting in exploring strategic alternatives, while Paul Hastings LLP serves as legal counsel.

The company has not established a completion timetable for the review and noted there are no assurances regarding any specific outcome or transaction. Additional updates will be provided if further disclosure is deemed appropriate or required.

Aterian builds and acquires e-commerce brands across multiple categories including home and kitchen appliances, health and wellness, and air quality devices. The company sells through online marketplaces including Amazon, Walmart and Target, as well as direct-to-consumer websites. Its brand portfolio includes Mueller Living, PurSteam, hOmeLabs, Squatty Potty, Healing Solutions and Photo Paper Direct.