Aterian, Inc.
3.10%
8,038,030
1757715
Sep 24, 2026
Sep 29, 2026, 09:34 PM
Reporting Persons (1)
| Name | Type | % of Class | Aggregate | Sole Voting | Shared Voting |
|---|---|---|---|---|---|
| Lazar David E. | Individual | 3.10% | 8,038,030 | 8,038,030 | 0 |
Disclosure Items (6)
Common Stock, $0.0001 par value
Aterian, Inc.
350 Springfield Avenue, Summit, NJ, 07901
On September 24, 2026, the Reporting Person converted 168,900 shares of Series AA Preferred Stock of the Issuer into 1,300,530 shares of Common Stock of the Issuer.
Item 5(a) is hereby amended and restated in its entirety as follows: The aggregate number and percentage of the class of securities identified pursuant to Item 1 beneficially owned by the Reporting Person is stated in Items 11 and 13 on the cover page hereto.
Item 5(b) is hereby amended and restated in its entirety as follows: "(i) Sole power to vote or to direct the vote: See Item 7 on the cover page(s) hereto. (ii) Shared power to vote or to direct the vote: See Item 8 on the cover page(s) hereto. (iii) Sole power to dispose or to direct the disposition of: See Item 9 on the cover page(s) hereto. (iv) Shared power to dispose or to direct the disposition of: See Item 10 on the cover page(s) hereto."
Item 5(c) is hereby amended and restated in its entirety as follows: Other than as set forth in Item 3 and Item 4, there have been no transactions in the class of securities reported on that were effected by the Reporting Persons during the past sixty days or since the most recent filing of Schedule 13D, whichever is less.
Item 5(e) is hereby amended and restated in its entirety as follows: The Reporting Person ceased to beneficially own more than five percent of the outstanding shares of Common Stock of the Issuer on September 25, 2026.
Item 6 is hereby amended and supplemented as follows: The descriptions of the September SPA set forth in Item 4 of this Amendment No.1 are incorporated herein by reference.
Item 7 is hereby amended and supplemented as follows: 99.5 Form of Securities Purchase Agreement, dated as of September 1, 2026, by and among the Reporting Person and the Purchasers.