American Exchange will acquire Allbirds for $39 million.

Sina Finance reported on March 31st that on March 30th local time, shoe company Allbirds announced that it had signed a final agreement with American Exchange Group. According to the agreement, American Exchange will acquire all of Allbirds' intellectual property and some other assets and liabilities for a transaction value of approximately $39 million. The specific purchase price will be adjusted at closing based on the final terms. The company stated that the transaction is expected to be completed in the second quarter of 2026, with net proceeds expected to be distributed to shareholders in the third quarter of 2026 after deducting clearing expenses.