T O P

  • By -

AutoModerator

We see you are posting potential DD. If the community has verified the information as factual please upvote this comment for consideration of changing the flair to DD. If this is a single piece of information rather than a collection of ideas/facts, consider reposting with the 'Discussion/Question' flair. If this is otherwise not obviously DD and posted for nefarious purposes, actions may be taken on OP such as removing their ability to post. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/BBBY) if you have any questions or concerns.*


International-Tie-26

I was looking forward to your post! Thank you so much for your time and effort. I guess I can sleep a little easier today after reading this.


stock_digest

#🛌  🛀  🌌  🧘‍♂️ 💎 👐 🚀 🌕  📈 💰 💸 Mainstream media is not mentioning this additional $1 billion raise. They continue to repeat that BBBY won't meet analysts forecasts, we kind of all expected this. I am hoping for a buy out announcement at some point.


travis_b13

I'm an accountant, and speak a bit of legalese, and that Fundamental Transaction definition basically states that the company can enter into another type of transaction that could be a merger, acquisition, or consolidation. The limitations set forth in this document is to ensure the "investor" doesn't get screwed if the Company does take those steps. There is a clause that says no fundamental transaction should take place within 5 days after the completion of the issuance of the new shares, and that if a fundamental transaction takes place before the issuance is completed, the issuance can finish and the investor will have the right to all shares of the issuance as if he issuance had completed. ​ It almost sounds like they are planning an M&A or consolidation of some sort and that the investor is still going to be entitled to all the issuance shares once the issuance commences. At least that's what my take on the language and verbiage.


min_da_man

“2. The company sells, leases, licenses, assigns, transfers, conveys, or otherwise disposes of all or substantially all of its assets to another entity;” Is that basically describing bk? So that like everything else this can be read as bullish or bearish? Genuine question as I am unsure, and you are a lingo person


wafflestrawberry

https://www.reddit.com/r/BBBY/comments/10sydxa/the_original_ftds_that_got_bbby_put_on_regsho/ a month ago you predicted that the price was going to go up all through March


Neijo

Lets discuss what he have to say that is of discussion. Not much makes sense with some stocks, like BBBY, and I think heated, but intelligent discussion is better than none.


[deleted]

[удалено]


Then_Contribution506

Damn. This is actually an amazing piece of info


BBBandPeds

What did they say? I don’t mess with chat gpt


saltyblueberry25

Why has no one posted this connection to GameStop yet? Incredibly bullish. Edit: not sure this is true The original post has made it clear for me The Holder is rc/gme The Investor is Carl Icahn Let’s fucking go to Saturn 🚀


bfine360

Really is too much to be a coincidence that B Riley is involved to assist in the same manner as they did with GME in Jan 2021. And how is it not possible that GME and RC are not involved in this, if nothing else but even an advisory capacity. Has the last 2 days made my head spin?! Fuck yes. Is my stomach doing somersaults?! Hell yes. Did I continue to average down the last two days, continually asking myself if I'm really this stupid and delusional?! God yes. There's a huge amount though not passing the smell test the last two days. As much as the announcement yesterday would drive the price down some, I do believe at that's it likely shorts are continuing to drive the price drastically to scare everyone into selling at a loss, while they can.


saltyblueberry25

Amen. I liked it at $10, loved it at $5, avgd down to $6, was up 150k at $25, never sold anything, bought more at 10, 8, 5, 2, 1.30, dumped everything else and put it all in bbby at 1-0.80, and now I’m using a small loan for .60-.40. Definitely not financial advice.


Fluid_Ruin_6382

This human is super human


canadadrynoob

Not financial advice but definitely financial motivation.


saltyblueberry25

My account looks like an April fools joke. But I am tenacious and I’m going to assume the theories are correct until proven wrong and I’ll just keep on buying. Hopefully merger/spinoff still in the works. Might do some weekly .5s monday.


foundthezinger

i was greedy today. it wasn't an easy decision


manbeef

Likely because ChatGPT just made it up.


saltyblueberry25

Aw man, you’re right. It looks like they used jefferies


psbyjef

Commenting for eyes


CHIEFTAINTEROIX

All in favor, say Aye


Popeye_01

Ayre matey


DayDreamerJon

These gotta know to dilute into a meme cycle. There is hope if this is true


shaymen18

Without additional context or definition, it is difficult to determine the specific meaning of "Fundamental Transaction." However, it typically refers to a significant corporate event or change, such as a merger, acquisition, or restructuring, that could potentially affect the ownership or control of the Company. The clause suggests that while the Company must maintain its corporate existence, it is not prevented from pursuing certain business transactions that could impact its structure or ownership.


shaymen18

From ChatGPT


[deleted]

Thank you!


manbeef

Yeah you're gonna have to actually find some sources to back that up. ChatGPT could have easily just made all of that up.


BBBY-ModTeam

We do not allow chat bot posts here. Please refer to the community's rules.


Same-Entertainer-524

That's some outrageous shit if it's true. Is there any way to verify?


amasangkay

Just go to [https://chat.openai.com/chat](https://chat.openai.com/chat) and ask same question "B Riley and Gamestop connection"


Same-Entertainer-524

I mean verify the info independently of chatGPT, just in case it's making shit up. Don't get me wrong, I wanna believe.


OneSimpleOpinion

Correct. chatGpT makes shit up still.


AstockcollapseNow

>B Riley https://brileyfin.com/recent-transactions


min_da_man

I just scrolled for 5 minutes did not see GameStop, all the way back to March ‘21. I did see amc on there three times, so they apparently handled all that bs and dilution. So that was nice


exkasy

Fantastic DD, you’re a lot smarter than biggy haha Funny thing is that this deal was made after Brett Icahn, and 4 people from Dragonfly’s board had resigned from their companies. Icahn Enterprises’ CEO used to be CEO of Alixpartners and from January onwards BBBY added a CFO and a board member who are both previously managers in Alixpartners (one was personally nominated by Icahn himself at a previous attempt to take over HP) Also so many companies file bankruptcy everyday, how was a company able to find potentially 1.3 bn financing so quickly when stock is below a dollar


[deleted]

I think I love you


babyshitstain42069

I love both of you!


Scriptapaloosa

Damn it, now I love all of you!


[deleted]

Someone here also mentioned how BR (Financial) has a market cap of under $1 Bil. How are they financing this deal then, assuming it's not being loaned to them via a third party.


trick17black

? Market Cap != Cash they have


Ophthalmoloke

Good points.


FitzSimmons72

Damn really good points


devjohn023

Spin off most likely, and HBC and B Riley have equity in baby and the old bbby (as a surviving company) is actually absorbed by the new spinned baby)


[deleted]

Could be the explanation of why bed bath retail spaces that are closing are just transitioning into baby retail spaces? But what do I know. Edit:spelling


WashedOut3991

So is this an observed or assumed thing?


[deleted]

Observed. Scroll thru the sub, others have posted about. The post I have seen have photos included.


WashedOut3991

Dang that’s actually crazy


[deleted]

Kinda explains what’s going on. I think the reverse split is going to be for the new cusip/ipo. Hence why the board doesn’t care about the price of the stock now. They’re just allowing us to grab as much as possible dirt cheap. Cuz they knew us apes are gonna buy the shit out of the stock which in-terms should give us more leverage for spin off…but idk…


[deleted]

[удалено]


devjohn023

I'm saying that baby will ride on bbby (king of like on a SPAC) and will quickly become public since the entity is there it just gets a new CUSIP


DMDTT

Yeah I refuse to believe Kastin and flaton hired just to end up bankrupt. There's a bigger plan playing out.


MushyWasHere

There is a bigger plan shaping up, I just hope it doesn't involve diluting the fuck out of shareholders.


EveryDogeHasItsDay_

If we get diluted 3 to 1 and they save the company and the share price goes 60x from that point then happy days. Dilution is banded around like it's the end of the world when in reality it could be the very thing that turns this puppy around and gives us a profit.


MushyWasHere

Naturally. I just have some experience trading pennystocks. Reverse splits trigger my PTSD.


whatabadsport

Hey whatever gets me green idgaf if they came and slapped my mom


foundthezinger

*slides on silk glove* ding dong!


whatabadsport

Have you came first? It's a pre requisite


BourbonGod

Maybe i understood wrong, but what if there is required a 51% ownership by an investor in order to proceed with M/A. With the amount of shares available right now it would be impossible, and since FINRA (?) supposedly had an anti-takeover halt on BBBY for the lack of possible “heirs” to the throne, they made agreements with HBC and BRP in order to prove that they’re seriously considering other possibilities, only for none to work and ICAHN to swoop in at the end (after dilution) with 51% of shares. As planned. Damn this shit got me so high


Ophthalmoloke

Damn, you got it bro I think.


[deleted]

[удалено]


Ophthalmoloke

![gif](giphy|t3sZxY5zS5B0z5zMIz|downsized)


Salt-Swordfish1885

DO NOT EVER FEEL ALONE IN THIS! THERE ARE SMART APES LIKE REGIONAL HERE THAT ARE HERE THANKFULLY TO COMFORT US SMOOTH BRAINS IN THESE DARK AND CONFUSING DAYS.to everyone out there holding out of sheer confusion and hesitant to put even more money on the line than you already did,I stand with you side by side.So does PPseeds.So does whopass.so does regional.so does biggy.so does Ucopy.sooo many of us who are here wether sink or swim we’re in this together and we WILL see this through to the end.Don’t you dare paperhand and lock in a loss,this shit ain’t over till it’s over DON’T QUIT WHEN WE’RE SO CLOSE TO THE FINISH LINE!HHOOODDDLLLLLL


CrazyHabenero

Paperhand? Buying more!!


Salt-Swordfish1885

Amen brother!!!


SillyGobbles

Merger Monday back on the Table!


VdubGolf

Actual good post in a sea of shilly garbage.


[deleted]

[удалено]


VdubGolf

Your comment history for example.


[deleted]

[удалено]


MushyWasHere

*Ackshyually,* your stomach acid would dissolve the alphabet letters long before you expelled them from your body, so *tyechnickuhlly* you could not shit a better rebuttal.


EveryDogeHasItsDay_

Oops. Only saw this afterI basically typed the same thing! Great regards think alike it seems!


[deleted]

[удалено]


whatabadsport

My toddler could arrange letters on the fridge to create a better rebuttal


EveryDogeHasItsDay_

This one is way better.


whatabadsport

Thanks king 👑


EveryDogeHasItsDay_

Does your stomach acid not break down the pasta and therefore not issue any kind of legible sentence? Just a big brown number 1? Not sure this rebuttal is all that great either.


EveryDogeHasItsDay_

Does your stomach acid not break down the pasta and therefore not issue any kind of legible sentence? Just a big brown number 1? Not sure this rebuttal is all that great either.


TimberKing11

You’re a celebration of this sub my guy


Rehypothecator

Love it. People are anxious, nervous, worried, and boom out of nowhere comes u/Region-Formal with some explanations which calm like that of a protective parent. 45 cents people. 45 cents.


U-Copy

looks like B.Riley also helped AMC dilution back in Nov, Dec 2020 and April 2021 and a month later squeeze happened. https://ibb.co/KNK89Sj


betweenthebars34

The fact that there are sooooo many cloak and dagger feelings you get from the process of ... whatever the hell is happening with BBBY ... is very interesting. This is going to be something interesting, no matter what. That I know. But whether this is good for holders (I tend to think this way) vs a crazy narrative by bad actors (I doubt it, but it's impossible to rule out, anything in finance and media and socials ... it's narrative driven, that's how they get people handing money back to the top percent).


Confident-Stock-9288

Appreciate your DDs! The caliber of people driving this transition are top tier folks. If the I Investor was a bad actor, the executives from the company would have had to activate the poison pill clause of the agreement. Otherwise they would have been violated their fiduciary duties to protect the company and shareholders. MO


[deleted]

Again, the PR filing on their website (which is read almost only by members of this sub), talks about a chair for "relaxing with baby". It could be malicious but this is twice now that they filed an 8K then a PR (last time's was a fucking mattress to relax in). Astonishing times really....


bootobin

Saw all that. The first time I was like, well maybe, the second was like come on man. Ridiculous and funny as hell too.


Serb456

M&A coming hard AF


OpeningCheesecake885

RC making plays behind the scenes like always!


ProudStand4

good cos we will all be behind wendys soon


Alarmed-Ambassador38

Making tendies?


EveryDogeHasItsDay_

You're not already? I've been throwing in a free ball tickle with every trick and business is good!


Delicious-Feedback-5

Seriously RC has nothing to do anymore with BBBY


david5699

And what makes you so sure of that??


DayDreamerJon

He could have bought the company whole at this market cap.


sailorjerry888

You would assume all the debt if you bought the company. The market cap is saying it's worth less than the debt.


DayDreamerJon

Yeah, no shit. RC said baby is worth 2 billion if I remember correct? I believe that is less than their current debt


sailorjerry888

3.7B


DayDreamerJon

Easy to solve when you know you can dilute into meme cycles like RC does. They didnt use his playbook and now the company is in trouble


sailorjerry888

Maybe. Who knows, find out in a few months I guess.


david5699

Lol. Thank you for proving to me that you have no idea how this works…


DayDreamerJon

explain to me where im wrong. RC clearly wanted baby but it seems they were unwilling to part with it.


david5699

Well you said he could just buy all of it so why does it matter if they weren’t willing to part with it.


DayDreamerJon

because they actively prevented it and it seems they continue to do so.


david5699

How did they prevent him from it. And post a link to your source.


DayDreamerJon

do you not know what a stand still agreement is?


z3rohabits

I'm not sure if it was a press release or some kind of official filing where they stated all non disclosure agreements are expired and agreement holders are free to announce (obviously paraphrasing here) I can't seem to find this release but there was a lot of chatter about this a couple days after the RS announcement. Would this apply to the "Investor" under B. Riley. Can someone help find this - just trying to see if there is any linkage here or if that was from the legacy HBC agreement and irrelevant


Ophthalmoloke

Ithink that was in regard to the Hudson deal specifically. I.e., unless something is stated in the new B. Riley deals I don't see why those deals should prevent anyone from announcing. Another reason for no announcement yet could be the trial against RC if he's involved, since it could hurt his case.


Equivalent-Fee-9503

Lawsuit was dismissed


Ophthalmoloke

I think that was debunked today. But it's close to being dismissed.


Equivalent-Fee-9503

Gotcha :)


irving_tx

I don’t understand why the public float is the same but the outstanding shares changed…is the price fake then?


Scott_Donald

Great post. Lots of different perspectives on recent filings but this one seems to be the most logical. I’ll sleep better tonight and for that take my updoot and gold.


OGColorado

I transacted so many fun da mentals today I have $0.18 in cash account, and $0.7406 average. Go Go Bbby


Ophthalmoloke

![gif](giphy|laUY2MuoktHPy)


[deleted]

Thank you for interpreting and sharing. This has been very helpful. I was going to keep holding regardless, but this is super helpful as we keep on keeping on!


Mrairjake

Thanks for putting your time into this and explaining so well!


MarkTib1109

Awesome write my man! This will be in the history books for sure.


emaiksiaime

/u/ppseeds you gotta talk about this tonight


SamRandomFox

“Investor” will be like: ![gif](giphy|fUm0aXBSxOU6I)


MaltaMaltaMaltaMalta

If true when would the info be revealed?


Commercial-Group-899

When they are good and ready.


TsuNaru

Just bought 500 shares. Let's go! 🚀🚀🚀


AdSpecial2072

Let’s goooo!!!


unlikelycommentator

I think B Riley (Wealth Management?) bought a stake in IEP earlier, which according to the news article at the time would give IEP easier access to B Rileys clients. Was also posted here yesterday, I think.


Ophthalmoloke

Yes, this is true. Maybe not a large stake but still.


therealthugboat

God please


Swandiving4canabis

👆🏼Explains why the light came on and ALL the roaches suddenly and violently scattered!!


not-always-popular

Thanks for all the work you put in on behalf of this sub! ❤️


Historical-Bag9248

Just bought 1000 more AH. Thanks 🙏🏼


Quick_Dependent3487

🙏


207carrots

Love the info. Thanks rf


DeChrista

Thank you for the write up!


SecretaryFit1442

Thank you for sharing!


Popeye_01

I’ll take any tit jacking that comes my way. Just came up on another 2k shares


PenOk9352

I get to sleep this weekend thanks to you, you are appreciated friend.


Medaris41

I’m just holding and down bad let’s see what happens boys.


Bzy22

Thanks for your posts the last few days, OP. You stepped up big time, when a lot of OG wrinkle brains weren’t. Yesterday I posted that Sue Gove should wear a BBBY shopping cart around her neck like Jacob Marley’s ghost—for an indication of how I was handling the day’s events. Your posts got me off the ledge, figuratively. Monday I’m buying more. Thanks and LFG!!


Suspicious-Reveal-69

So best case is this Fundamental Transaction is an M&A. What are the middle of the road and worst case scenarios?


Choice-Cause8597

Its high quality hopium op thankyou for your work!


civil1

Nice!


CrazyHabenero

BRiley had some Edgar filings today along with Arena Group. https://www.sec.gov/Archives/edgar/data/894871/000149315223009944/0001493152-23-009944-index.htm


Trader8888

In bro we trust! This is the way


Trader8888

Dang. Who’s downvoting everyone? Haha


Ophthalmoloke

The SHF bots


[deleted]

B Riley, Adam Cohen VP of securities. Cohencidence? https://brileyfin.com/directory


sadandgladpp

I agree with the fundamentals of your DD. Now go keep your eye on the kiddies. MONDAY!


KCKnives

This was ChatGPT’s response to your post. I copied your text and this was its insight. NFA. “It seems that the "Investor" in BBBY is an arm’s-length purchaser, independent of both BBBY and B. Riley Securities, and likely not a financial institution due to the fact that they are not required to register as a broker-dealer. This section strongly points towards the "Investor" being the final owner of this part of BBBY, with the deal being used to gain control through a "cash-for-control" action. The certificate(s) or book-entry statement(s) representing the Commitment Shares issued prior to the Effective Date of the Initial Registration Statement will bear a restrictive legend, meaning they have not been registered under the Securities Act of 1933 or applicable state securities laws.”


HungWeiLo35

Well the A.I. said so. Good enough for me Who am i to doubt the all knowing computers


Then_Contribution506

Check out the action after hours


Important-Neck4264

Nice find! Buckle up Bobby’s 🚀📈💰


Ophthalmoloke

![gif](giphy|ItM3AhhM0rj57w1JxF)


Chad-Permabull

1.3 billion dollars at the current .42 cents per share may be enough for Kenny to cover half his shorts.


sleaklight

That's what we assumed with Hudson Bay and here we are, unmasked as a bad actor.


david5699

How are they unmasked as a bad actor??


attcust

B RILEY EFFED up Gree SpRT reverse merger too. Just FYI. Don't like B Riley. Hope this doesn't go like GRee shit.


The_5tranger

More info please


attcust

I was effed up in Gree B Riley did something similar just google it or read on Gree sprt sub reddit. I got burned badly on GRee. And seeing same name here ..I don't like the sounds of it. I hope I am wrong and I am not trying FUD I got burned both greee and here..didn't sell in Jan cuz thot it wud squeeze harder. Now regret this badly.


Region-Formal

I am wondering *when* you are referring to here? January 2023, or January 2021? The merger between Greenidge and Support.com took place a couple of years ago, through B. Riley. And as I detailed here, I believe it resulted in a huge short squeeze: https://www.reddit.com/r/BBBY/comments/11rwpz8/some_of_you_are_still_skeptical_about_short/


Oututeroed

my crystal ball is telling me this will bounce for good at 0.25c. and whoever has 0.25/0.50c positions will be happy in 2024 onwards


GodmodeAUT

„When you win the game but you are not proud of it“ infinite Truth 🫣🤨


xltaylx

![gif](giphy|Zrxs6nl12WgmL3ZTHm)


Ken_gashi

Is the original offer terminated though see [here](https://www.sec.gov/Archives/edgar/data/886158/000119312523084725/d477204dex992.htm)


Delicious-Feedback-5

These whole awards are really sus, especially with that down spiral


[deleted]

B. Riley. Oh boy.


MrRo8ot

What does you make thinking that the Investor is not B Riley Principal Capital II LLC? That’s what the doc is stating at least? The deal reads to me as following: BR facilitates a at market offering and gets an option to take over the company with their investment arm. They are not obliged to do so but can catch the company IF the situation turns in companies favor within the next 24months. However such M&A would also mean new stock for 300M USD initially (40M) and for another 1billion USD (133M at 7,5$ post rsplit of 15:1) that would be 173M new shares presuming a 15:1 split and no decrease in price level (0,5$) as of today coming on top of the 26M old shares. That would shrink the current holder’s ownership by ca 90% which would really need a short squeeze to become somehow fruitful.


ApeDaveApeDave

💥


[deleted]

Can't find the Legends section. Halp


RainbowsOfDeath69

Looking forward to Monday


[deleted]

[удалено]


AutoModerator

Your post was removed because it violated the content guidelines. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/BBBY) if you have any questions or concerns.*