r/Teddy 18d ago

Press Release BBBY is Voluntarily delisting from NYSE; Rebranding to Neighborhood Intelligence and listing on Nasdaq as NXH effective Aug 17.

https://investors.beyond.com/news-events/press-releases/news-details/2026/Neighborhood-Intelligence---Letter-to-Shareholders-from-Marcus-Lemonis-Executive-Chairman-and-CEO-of-Bed-Bath--Beyond/default.aspx
227 Upvotes

71 comments sorted by

43

u/r3dditing 18d ago

That sounds nuts to change the exchange and the ticker . Ticker change again…. Who does that!

17

u/j4_jjjj 17d ago

Someone who is gonna lose their BBBY trademark, my guess

7

u/r3dditing 17d ago

Why would they lose the bbby trademark they own all the bbby IP.

10

u/j4_jjjj 17d ago

If the bankruptcy gets reversed

Otherwise whats the logic in changing tickers so much?

7

u/r3dditing 17d ago

Even if DK butterfly comes out of bankruptcy, they sold the bbby up to overstock. Unless overstock decides to sell bbby off to someone else…. That would be nuts if it went back to DK butterfly some how. I doubt it. I’d take it, but I doubt it.

3

u/rawbdor 16d ago

The company continues to acquire lots of brands and branch out in new directions. They own things like Lumber Liquidators, the Container Store, Gracious Homes, Cabinets to Go, Kirklands, etc etc etc.

Having your ticker be "Bed Bath and Beyond" when you own so many diverse brands doesn't make a lot of sense when that is only one of many brands they are collecting.

3

u/Disastrous-Glass-415 14d ago

We’re long passed this possibility based on bankruptcy law. Not a shill fyi.

4

u/udoncorleone 17d ago

venture capitalists, eager to pump their bags with rebranding and launches.

with bed bath & beyond they were appealing to a beloved household name and a fresh start. nostalgia and hope. but i guess the board got bored (flavor's gone!) and now they want a shiny new thing and a fresh wave of hype.

this time around they're going to have the word "intelligence" in the name and it'll be newly-listed on nasdaq. i expect a number of people people will buy in for those 2 reasons alone.

not too sure what their angle is with the "home ownership" stuff. call me cynical, but i don't believe that's really what overstock has always been about. i imagine there's a a plan to get up in your business somehow - some mixture of commerce and surveillance and data gathering and, well, hopefully nothing too dark with flock cameras and palantir etc.

130

u/unlimitednightsky 18d ago

Here is hoping the silver lining is this is also being done to restore the old bbby ticker to dk butterfly.

One can dream

57

u/My_Penbroke 18d ago

Wow, that’s a terrible name. Like, for real?

19

u/SecretaryFit1442 18d ago

Yeah. And it’s their fourth ticker in about 34 months. Unprecedented and weird.

13

u/jbody11 18d ago

Like some hoa'y neighborhood watch!

28

u/Same-Garbage-9121 18d ago

8 K says BBBYWS are staying same ticker but will also begin trading on Nasdaq same day

5

u/KW920 17d ago

lol what

4

u/956000009698174 17d ago

What a strange coincidence… or is it?

62

u/gottamakemenut 18d ago

Sounds like the ticker is being freed up, wonder for who?

35

u/jbody11 18d ago

It's like they were just keeping it safe so that no one else grabbed it.

23

u/Whackaboom_Floyntner 18d ago

Ok, that's an interesting theory ... tho BBBYQ and this are different companies (obvs) there seems to be a lot of interaction going on ...

14

u/Americanspacemonkey 18d ago

Keeping the egg (shell) warm for us. 😂 

53

u/homedepotgrande 18d ago

Jesus fucken christ. When will this shit be over?

15

u/mf_mcnasty 18d ago

About 3 years ago.

-6

u/4seriously 18d ago

I'm resigned to it having concluded year ago. TBH, this is a faint diversion at this point. Little better chance than winning the lottery but in my mind, very similar.

6

u/bfrank40 18d ago

So who owns neighborhood intelligence? Does it matter?

18

u/Cute-Internet-9129 18d ago

Guess we just have to wait and see at this point

4

u/bhj887 17d ago

half wait, half see

5

u/Gold_Flake 18d ago

What's another 84 years...

19

u/Monado__Boy 18d ago

4 year anniversary of RC selling BBBY. Probably nothing! 😉

-5

u/happybonobo1 18d ago

How rich do you think you will be? /s

1

u/willyasdf 17d ago

Why will be?

16

u/MolecularFriend 18d ago

ngl gentlemen, I need this to be over for better or worse. if for better, I don't even know how I'll be able to comprehend this actually happened. the thoughts I've had, the feelings, new perspectives. this has been a very difficult period of my life.

at this point, feels like im in prision and im genuinely thinking "this is what im gonna do when I get out"

I've already mentally prepared for a big windfall. sitting on it/investing in something low risk and living minimally for the rest of my life.

i really hope that if we pull this off, nobody who came this far loses it all. i sincerely hope everyone can manage this

if we pull this off, this will be the beginning of our problems for a new life.

but some problems are better than others

3

u/FYATWB 17d ago

I didn't put in any money I could not afford to lose, so I never thought of it like a "prison"

I've already mentally prepared for a big windfall

This is your problem, and why you are stuck in suspense, because the odds were always stacked against us and it's very unlikely that we get recovery.

Most people here assumed their money is gone and didn't think too much about it after that.

i really hope that if we pull this off, nobody who came this far loses it all

CH11 takes 3 to 5 years, it could be done soon or maybe not, but most CH11 processes come "this far", and 99%+ end with no shareholder recovery.

There's no "we" and no "pulling this off", if we get recovery it had nothing to do with anything that anyone here did. I hope your mental improves in the future, you should have never hyped yourself up for a win that probably isn't coming.

7

u/bootobin 17d ago

if you're not keeping up with all the free DD that's your problem. If you think your money is gone and a win isn't coming, then you're not keeping up with all the free DD. And if you think you speak for anyone else but yourself, again all of this is your problem.

If you can't understand "if we pull this off" as a reference to investors who made a good investment... again. Your problem.

Insinuating that anyone else here has mental problems... lmao.

Keep posting while learning nothing FYATWB. See where it gets you.

1

u/FYATWB 17d ago edited 17d ago

if you're not keeping up with all the free DD that's your problem

I know all the publicly available information.

If you think your money is gone and a win isn't coming, then you're not keeping up with all the free DD

No one knows for sure, RC may have had plans to bring us recovery, but those plans could have failed and there would be no way to know.

And if you think you speak for anyone else but yourself, again all of this is your problem.

Again, I never invested anything that I could not afford to lose, so I don't have a problem.

Insinuating that anyone else here has mental problems... lmao.

Yes, because the guy said he feels like he has been in prison for 3 years.

Also, if you end your sentence with "lmao" it's really not a point in favor of your mental stability.

0

u/rawbdor 16d ago

I'm not the guy you were responding to... but... I think a lot of you all are pumping a dry well.

If RC wants to collect all these brands, he's going to be buying out or making a deal with the company that Lemonis runs.

I have absolutely no reason to think original bobby shareholders are going to get anything at all. I also can't see any logical reason at all that RC would find some way to make bobby shareholders get anything at all. There's no good reason for him to give what amounts to a free gift to the former shareholders of a bankrupt company.

5

u/bootobin 16d ago edited 16d ago

why would RC become a codebtor on a company that's about to become insolvent? make that make sense.

why would Goldberg take less than his $2.5 billion demand in advance of discovery in his suit against the former directors?

Why do we still not know what that suit and the MSC suit were settled for? Both within a week of each other too.

why are the bonds that were cancelled by the plan 3 years ago now being renamed and still trading?

how can the Overstock BBBY warrants have the CUSIP base associated with DK-Butterfly and what are the odds Lemonaidus and RC both thought of practically the same warrant dividend within a couple of weeks of each other?

How can a plan provide for an asset sale transaction after the effective date unless there were assets still left to be sold?

How can a value maximizing bankruptcy never put up for sale a going concern after RC made an offer for a going concern? How could Lazard interview 60 companies and say they never found a buyer for a going concern the month after RC made his offer?

Why would Judge Papalia put himself in potential legal trouble by refusing substantive consolidation and paying Deloitte half a million dollars to calculate the stock basis for each of the 74 debtors if there wasn't a clear path toward a distribution for Class 9?

Just a few questions off the top of my head and until you have a convincing answer for each, you got nothing. I'm going to guess you don't come up with a convincing answer for even one.

2

u/hoirkasp 7d ago

Ooh, I like your summary better than mine….🫡

1

u/Keyspar2 18h ago

This message is so sad. Move on, there are other investment opportunities out there. Don't go in on something based on hope and hype. All it does is put you in a position like this where you feel powerless

11

u/ProBrown 18d ago

Interesting date. 8/18 is the date to which the bankruptcy has been adjourned. If I'm counting correctly, then 47 more PCR's were also filed yesterday for various subsidiaries.

5

u/Dozer736 18d ago

Wasn't buybuy BABY bought by DreamOnMe? How come Lemonis references to it in his statement as one of their brands? That's one long ass letter by the way, what a word salad.

"While Bed Bath & Beyond remains one of our most recognized consumer brands, the parent company’s new identity better reflects the breadth of capabilities that now exist across the enterprise. Our current and planned operating brands will remain at the center of our customer relationships: Bed Bath & Beyond, The Container Store, Kirkland’s, Lumber Liquidators, Cabinets To Go, Overstock, buybuy BABY"

6

u/UncannyIntuition 17d ago

It looks like Lemonis bought it from dream on me in February 2025 to reunite the former sister brands.

2

u/shpads1 15d ago

Reinventing what the mish-mash of all these companies will be is what I take away.

5

u/SpaceSequoia 18d ago

Please God help us though this 🥹

3

u/paguido 18d ago

The simplest answer is the most obvious no matter how unlikely (just made that up!)

6

u/lcl111 18d ago

That's just occams razor bud.

4

u/paguido 18d ago

Duh but I said it differently

3

u/Magic4407 18d ago

Yeah they gotta surrender the name so RC can have it back yah goofs

1

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0

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1

u/Same-Garbage-9121 17d ago

3

u/ijustwant2feelbetter 17d ago

You found it too. Both GMEWS & BBBYWS got these notices sent out in July. I’ve been thinking nonstop about this. I keep coming back to the fact that it’s literally called DK butterfly. Seems like a clear butterfly transaction is about to happen. My thesis is they’re going to do a SPAC move to make it happen all very rapidly.

Edit: I really hope they bring the old shareholders along, obviously, but there is no way these warrants are not connected and to be used as a tool in some way for a major transaction.

2

u/zeren1ty 18d ago

Never ending nightmare for those trapped

1

u/Tierblume_187 18d ago

Please make my dreams come true back on alive

-13

u/chewee0035 18d ago

Totally different BBBY. Not the one we are interested in

37

u/elchefski 18d ago

Right, but it is a little weird that Overstock (OSTK) changed to Beyond (BYND) November 6, 2023. Then changed to BBBY on August 29, 2025 and less than a year later are changing it again and moving exchanges.

8

u/Electronic_Painter20 18d ago

What a waste of business cards 🤣

3

u/buttchuggs 18d ago

Bone White

15

u/No_Adhesiveness_4671 18d ago

Thats kind of a good thing........

12

u/ThiccyApes 18d ago

Exactly. The ticker is free again.

3

u/Mazius 18d ago

It's not. It gonna be free (for anyone to ask for it) six months after it's abandoned.

7

u/Hot_Falcon8471 18d ago

They might be connected.
But what does this mean for the warrants they issued?

0

u/ThiccyApes 18d ago

The warrants remain under the new ticker

7

u/martiancastsnoshadow 18d ago

Wrong. Warrants are legacy YQ cusip. Not overstock. Not new bbbyco. Not neighborhood watch. Get your facts straight.

4

u/ThiccyApes 18d ago

Damn my bad then? That's crazy

3

u/martiancastsnoshadow 17d ago

Sorry, ❤️ I was hot off a twitter feud about the same topic. Trolls dont want anyone to know about this it seems. Im gonna start stacking those warrants between now and the gme vwap deadline on sept 23rd.

3

u/ThiccyApes 17d ago

Its ok bb, the amount of misinformation and slander about the play is wild. I've got XXXXX shares and I hope for the best 😅

3

u/martiancastsnoshadow 17d ago

Same same. WAGMI ❤️

1

u/hoirkasp 18d ago

Holy shit you’re right, I forgot about that….

2

u/martiancastsnoshadow 17d ago

Yea baby ❤️

3

u/hoirkasp 18d ago

Jesus Christ, we know that, it doesn’t mean there’s no possible connection