Allbirds, Inc. (BIRD) NASDAQ

4.43

+0.25(+5.98%)

Updated at June 02 04:00PM

Currency In USD

Allbirds, Inc.

Address

730 Montgomery Street

San Francisco, CA 94111

United States of America (the)

Phone

628 225 4848

Sector

Technology

Industry

Software - Infrastructure

Employees

542

First IPO Date

November 03, 2021

Key Executives

NameTitlePayYear Born
Joe VernachioChief Executive Officer, President, Secretary & Director514,0001965
Joseph Z. ZwillingerDirector50,0001981
Timothy O. BrownCo-Founder & Director100,0001981
Annie MitchellChief Financial Officer397,2451977
Christos YatrakisChief People & Legal Officer0N/A
Benny JosephChief Technology & Supply Chain Officer0N/A
Kelly OlmsteadChief Marketing Officer0N/A

Description

Allbirds, Inc. is transitioning to an AI compute infrastructure business. The company plans to acquire high-performance GPU assets and provide dedicated AI compute capacity under long-term lease arrangements, with a long-term vision to become a fully integrated GPU-as-a-Service (GPUaaS) and AI-native cloud solutions provider. It has entered into a definitive agreement to sell its legacy footwear and apparel brand and assets to American Exchange Group and has executed a $50 million convertible financing facility to fund the transition. The company anticipates changing its name to "NewBird AI." Allbirds, Inc. was formerly known as Bozz, Inc. Allbirds, Inc. was incorporated in 2015 and is based in San Francisco, California.