Bed Bath & Beyond stock soars after retailer amends equity offering deal

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Bed Bath & Beyond Inc. BBBY has amended its equity offering transaction which was announced last month. On Tuesday, the home goods retailer announced that it temporarily adjusting the price failure threshold to $1 for the offering through April 3. The company’s rose 0.9% before the market opened. Bed Bath & Beyond also raised the threshold share amount referred to in the price failure definition to 24,739. According to Bed Bath & Beyond, the amendment will facilitate additional of up to $100 million in April 2023, bringing the total to $460 million to date.


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