Allbirds entered into a sales agreement with Chardan Capital Markets LLC to establish an at-the-market (ATM) offering program for up to $50 million of its Class A common stock. Shares may be sold from time to time through Chardan, acting as sales agent or principal, at prevailing market prices or in negotiated transactions, including block trades, in accordance with Rule 415 under the Securities Act.

Lucosky Brookman LLP represented Chardan as sales agent in connection with the transaction.