Bed Bath & Beyond amends equity offering agreement

Bed Bath & Beyond announced an amendment to its warrants to purchase Series A Convertible Preferred Stock previously issued on February 7. Under the amendment, the company is temporarily adjusting the Price Failure threshold to $1.00 until April 3. In addition, the Threshold Share Amount referenced in the Price Failure definition is increased to 24,739. This amendment will further facilitate up to $100M of additional funding in April, for a cumulative total of $460M to date.