Every material Form 8-K NEIGHBORHOOD INTELLIGENCE, INC. has filed with the SEC since October 05, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Neighborhood Intelligence reported third quarter 2026 revenue of $509 million, up 98% year over year, mainly from the acquisitions of Kirkland's and The Container Store. The company also posted a net loss of $26 million, compared with $5 million a year earlier, and gave a 2027 outlook of $2.0 billion to $2.1 billion in consolidated revenue. Revenue growth came from acquisitions, while the larger loss and negative adjusted EBITDA show the company has not yet reached profitability.
Q3 2026 net revenue was $509 million, up from $257 million, with $229 million of the increase from acquired businesses.
Net loss was $26 million, or $0.28 per share, compared with $5 million, or $0.07 per share, a year earlier.
Adjusted EBITDA was negative $26 million, compared with negative $5 million in the prior-year period.
The company expects 2027 consolidated revenue of $2.0 billion to $2.1 billion and gross margins of 33% to 34%.
Neighborhood Intelligence sold about 10.9 million common shares plus pre-funded and common warrants in a registered direct offering that closed October 6, 2026, with approximately $42.6 million in net proceeds. The company also cut its at-the-market program ceiling from $200 million to $75 million, and its Executive Chairman and CEO bought shares at the same $2.76 price, so the offering adds share count and potential dilution for existing holders.
Offering of 10,881,192 common shares at $2.76 per share, plus pre-funded warrants for 5,241,997 shares and common warrants for 16,123,189 shares, closed October 6, 2026.
Net proceeds of approximately $42.6 million, which the company intends to use to accelerate merger synergies and build inventory.
Maximum aggregate offering price under the at-the-market program reduced from $200,000,000 to $75,000,000 on October 5, 2026.
Company and directors and executive officers agreed to lock-ups of 90 days after closing; Marcus Lemonis bought 362,319 shares at $2.76.
Chief Financial Officer Brian LaRose resigned effective October 5, 2026, and the board appointed Paul Kosturos, a Managing Director at Alvarez & Marsal, as Interim CFO and principal financial officer. The company's press release says it has removed more than $50 million of SG&A year to date and has identified at least an additional $30 million of savings opportunities, while exiting several dozen locations with closures expected by year-end.
Brian LaRose resigned as CFO effective October 5, 2026; Paul Kosturos, age 61, was appointed Interim CFO the same day.
Kosturos has worked at Alvarez & Marsal since 2009 and was previously Vice President and Corporate Controller for JDS Uniphase.
The company has removed more than $50 million of SG&A year to date and has identified at least an additional $30 million of savings opportunities.
The company has begun exiting several dozen locations, with closures expected to be completed by year-end; it also retained ICR for investor relations.
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