Aterian Announces Exploration of Strategic Alternatives (Form 8-K)

Aterian Announces Exploration of Strategic Alternatives

to Maximize Shareholder Value

SUMMIT, N.J. - December 8, 2025 - Aterian, Inc. (Nasdaq: ATER), a consumer products company, today announced that the Company's Board of Directors has authorized the initiation of a formal process to evaluate and explore strategic alternatives aimed at maximizing shareholder value. These strategic alternatives could include, among other things, a potential sale of assets of the Company, a sale of the Company, a business combination, a merger or other strategic action.

There can be no assurances regarding any specific outcome or transaction resulting from this strategic review. The Company has not established a timetable for completion of the review and does not intend to provide additional updates unless and until it determines further disclosure is appropriate or required.

"We own a portfolio of well-respected and differentiated consumer brands, have established a global omni-channel sales presence, and recently launched new products focused on higher margin, tariff-protected consumables. Yet despite these strengths, we believe our current market valuation simply does not reflect the sum-of-the-parts value of our brand portfolio. While we have successfully navigated a volatile environment, business and category challenges remain, and this reality dictates that we explore all relevant avenues to maximize shareholder value. We are approaching this review thoughtfully and with an open mind, and remain focused on delivering the highest-level customer and partner service throughout the process," said Arturo Rodriguez, Chief Executive Officer.

The Company has engaged A.G.P / Alliance Global Partners to assist in exploring strategic alternatives for the Company. Paul Hastings LLP is serving as legal counsel for this strategic review.

About Aterian, Inc.

Aterian, Inc. (Nasdaq: ATER) is a consumer products company that builds and acquires leading e-commerce brands across multiple categories, including home and kitchen appliances, health and wellness, and air quality devices. The Company sells across the world's largest online marketplaces, including Amazon, Walmart, and Target as well as its own direct-to-consumer websites. Aterian's brands include Mueller Living, PurSteam, hOmeLabs, Squatty Potty, Healing Solutions, and Photo Paper Direct. To learn more, visit www.aterian.io.