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ATER.US
id: 1093

ATERIAN ceo mismanagement

A lot of dilution for stockholders. Given that Aterian always has missed estimates this quarter, there’s little reason to assume that Aterian will get its forecasts going forward. More broadly, over the past two years, Aterian’s share count has already risen from fewer than 20 million to greater than 55 million shares today. That’s a near tripling of the amount of ATER stock in circulation. If the company issues more with shares down here in the low single digits, it could have a devastating effect to current shareholders.

Furthermore, the CEO Yaniv keeps shareholders on a short string and gives out false promises. Additionaly, the AIMEE 'AI' also was a hyped up failed product.
Case Status
Inactive Investigation
Alleged Offence
Mismanagement
Negligence
Suspected Party
Directors
Management
Security Type
Stocks
Trade Direction
Long
Shock Event Date
05/05/2022
Collecting participants…

Aterian Inc

Aterian, Inc., together with its subsidiaries, operates as a technology-enabled consumer products company in North America and internationally. Its platform offers home and kitchen appliances; kitc...

    Ticker
    ATER.US
    ISIN
    US02156U1016
    CIK
    0001757715
    Sector
    Consumer Cyclical
    Industry
    Furnishings, Fixtures & Appliances
    Country
    USA
    Address
    350 Springfield Avenue, Summit, NJ, United States, 07901