BARK, Inc. (NYSE: BARK) announced that stockholders approved a 1-for-20 reverse stock split at the company's annual meeting held March 25, 2026. The reverse split is scheduled to become effective April 1, 2026, with split-adjusted trading to begin at market open that day.

The reverse stock split aims to increase the per-share trading price of BARK's common stock to regain compliance with the New York Stock Exchange minimum bid price requirement. The company stated that maintaining its NYSE listing supports liquidity, price transparency and access to investors.

BARK reported it has implemented cost reduction measures expected to generate up to $28 million in annualized savings, as disclosed March 23, 2026. The company also paid approximately $15.4 million in incremental tariffs, with $10.5 million allocated to cost of goods sold for its fiscal year ending March 31, 2026.

The dog products company operates subscription services BarkBox and Super Chewer, sells through retail partners including Target, Chewy and Amazon, and offers BARK Air travel services for dogs. BARK will file additional information about the reverse stock split in a Form 8-K with the Securities and Exchange Commission.

The information is based on a company press release statement.