Short answer
Sleep Number Corp (SNBR) filed an 8-K current report with the SEC on July 23, 2026 reporting Item 1.01 (Entry into a Material Definitive Agreement). Bankruptcy auction raised cash purchase price from $415M to $529.5M.
Sleep Number Corp 8-K event analysis
AI summary of each reported item and its exhibits
Item 1.01 · Entry into a Material Definitive Agreement
- Bankruptcy auction raised cash purchase price from $415M to $529.5M
- Sleep Country Canada to acquire substantially all assets, assuming certain liabilities
- Purchase-price adjustments narrowed, potentially improving proceeds certainty for Sleep Number
- Closing requires Bankruptcy Court approval, antitrust clearance, and no material adverse effect
- $5.19M Stub Rent Reserve required for unpaid leases covering June 12–30, 2026
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
Other Sleep Number Corp 8-K filings
Get the next SNBR 8-K as it lands
Follow SNBR for push alerts, or ask the research agent what this filing means.