BarkBox Plans to Go Public
According to official reports, BarkBox, a subscription service which offers dog products and services monthly to subscribers, is going public at a $1.6 billion valuation. The company has planned to go public through a merger with Northern star Acquisition Corp., which is a publicly traded special purpose acquisition company.
Media reports mentioned Founder of BarkBox, Matt Meeker, is looking forward to the company going public.
““We are thrilled to partner with Northern Star as we enter our next phase of growth,” Meeker said. “We started BARK because we are obsessed with making dogs and the people who love them happy. As a result of this merger, we will accelerate our ability to scale the BARK platform worldwide, add joy to the millions of dogs and families who love our products through our monthly subscription service and grow our omni-channel distribution.”