{"url_path":"/sec/ater/8-k/2026-07-20/item-5-01","section_key":"item-5-01","section_title":"Item 5.01 Changes in Control of Registrant.**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-07-20","source_url":"https://www.sec.gov/Archives/edgar/data/1757715/0001437749-26-023879-index.html","accession_number":"0001437749-26-023879","cik":"0001757715","ticker":"ATER","issuer_name":"Aterian, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1757715/0001437749-26-023879-index.html","primary_entity_key":"0001757715","primary_entity_name":"Aterian, Inc."},"word_count":136,"has_tables":true,"body_markdown":"**Item 5.01. Changes in Control of Registrant.**\n\n \n\nThe disclosure required by this Item and included in Items 2.01, 5.02 and 5.03 of this Current Report is incorporated herein by reference.\n\n \n\nUpon the Second SPA Closing, the Series AAA Preferred Shares were issued to Lazar, at which time Lazar became the beneficial owner of approximately 95.8% of the Company’s issued and outstanding voting securities, which constitutes a change in control of the Company. On a fully-diluted basis, Lazar’s ownership of the Company is approximately 95.1%. The holders of the Company’s equity securities prior to the Second SPA Closing now collectively own approximately 4.2% of the Company’s issued and outstanding voting securities and approximately 4.9% of the Company’s fully-diluted share capitalization.\n\n \n\nLazar paid the aggregate of $7.0 million purchase price for the Preferred Stock with cash on hand."}