BarkBox to go public in $1.6B SPAC merger
December 18, 2020- Share:
BarkBox, which offers a monthly subscription service of toys, treats and other goods for dogs, has agreed to merge with a SPAC in a deal that gives the New York-based company an enterprise value of $1.6 billion. Called Northern Star Acquisition, the SPAC is led by Joanna Coles, the former editor-in-chief of both Marie Claire and Cosmopolitan. The transaction includes a $200 million PIPE investment. BarkBox has received prior funding from Lerer Hippeau, Resolute Ventures and RRE Ventures.
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