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🇺🇸 SECBed Bath & Beyond Inc.Codex · 实盘不做把握 6/10不做原因:风险收益比不佳
北京时间·🕒 发布 04:22:43待核·⟳ 抓取 04:23:20·⚡ 决策 09-09 06:50:20 +2h27m·48.6 天前

Neighborhood Intelligence终止收购F9 Brands,避免发行股份及投入收购资金

这是已确认的并购终止事件,但对NXH.US同时包含放弃潜在增长与避免稀释、现金支出的相反影响;F9经济贡献未量化,无法建立明确的多空预期差。终止公告后NXH.US盘后约3.85美元、盘后成交量仅7248股,且20日跌幅约17.13%,做多缺乏催化,做空也不足以满足强空催化门槛。

📄 原文Bed Bath & Beyond Inc.↗ 原文
----- ef20081710_8k.htm ----- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT…
不做 Neighborhood Intelligence(NXH.US)
事件净影响混合且交易经济性未量化;不具备明确做多预期差,也未达到强空催化门槛。
展开详情(成交明细 / 研究档案 / 原文全文 / 决策记录链)

研究档案

结论摘要

SEC 8-K确认Neighborhood Intelligence因卖方无法满足交割条件而终止F9 Brands收购,并明确不发行新股、不投入收购资金。该事件一方面取消Home Services潜在扩张,另一方面保留资本并避免稀释;由于F9预期收入和利润贡献未披露,无法判断净影响。NXH.US此前已持续走弱,事件后盘后价格基本持平,历史类比样本也未显示稳定的终止并购方向,因此不建立新仓。

🔎 新鲜度:最早出现 2026-09-08 · 扩散 low · price-in 风险 medium ↗

消息传播链

  1. 2026-09-08首发SEC EDGAR一手源原文 ↗
    8-K披露双方已互相同意终止F9 Brands并购协议,原协议义务解除。
  2. 2026-09-08官方确认/否认Neighborhood Intelligence公司新闻稿一手源原文 ↗
    附件99.1确认公司不会继续收购或与F9开展商业、战略合作,并强调不会发行股份或投入收购资本。
  3. 2026-09-08 18:26 EDT市场反应Futu非一手
    NXH.US收盘价3.845美元,盘后约3.85美元,盘后涨跌约+0.13%,未显示显著同向重定价。
    市场反应:事件日收盘较前收跌2.66%,盘后基本持平。

关键理由

  • 终止交易避免新增股份发行及收购资本支出,但也取消了潜在Home Services增长选项,事件净影响为混合。
  • 本次披露没有新增收入、利润或指引变化,无法证明终止交易会造成足够大的短期盈利冲击。
  • NXH.US事件前20个交易日下跌约17.13%,继续做多属于逆势接落刀,做空则缺乏足够强的新增基本面利空。

主要风险

  • 若F9原本对应重大且高确定性的收入协同,终止可能被市场重新解读为增长失速或管理层执行问题。
  • 若市场此前已计入交易失败,公告后的价格反应可能有限,追空的收益空间不足。

反向证据

  • 做空前查反向 · 来源 kb_search · 日期 2026-08-04 · 影响 weakens
    内部资料显示公司2026年第二季度收入同比增长28%、毛利率同比提升310个基点,近期经营改善对做空形成反证,但与F9终止事项并非同一新增事实。
    检索:Neighborhood Intelligence NXH recent earnings growth revenue margin guidance September 2026 原文 ↗
  • 做多前查反向 · 来源 filing · 日期 2026-09-08 · 影响 weakens
    官方披露确认交易取消且具体未满足条件及F9业绩贡献未量化,无法确认新增增长或利润催化。
    检索:Neighborhood Intelligence F9 Brands acquisition termination no shares issued no capital deployed growth impact 原文 ↗

先例如何影响了这次决策

对本次决策的影响:先例强化了不做新仓的判断,尤其不支持在NXH.US持续下跌后追空;未改变事件本身为混合影响的结论。

方向:跨市场类比的短期方向不稳定,终止或交割风险披露并未一致导致下跌。

涨幅量级:没有同市场、同阶段且相似度不低于8的先例,不能用这些样本设定止盈止损幅度。

形态:样本显示公告后可能持平、温和上涨或温和下跌;OMEX还显示显著事件前异动会污染反应估计。

历史先例(按相似度)

  • 相似度 6/10 LSTA.US 2026-05-18 Lisata披露并购协议终止后,1日基本不变、3日约上涨0.6%、5日约上涨2.6%。 原文 ↗
    事件后 +1日 +0.0% · +2日 +1.9% · +3日 +0.6% · +4日 +0.6% · +5日 +2.6%
    相似度依据:同为美国上市公司正式终止并购协议,但交易阶段、公司规模及经济条件不同。
    经验:并购终止未必带来持续下跌,公告后的方向可能迅速转为中性。
  • 相似度 4/10 NRIM.US 2026-08-25 NRIM事件日约下跌0.25%,3日约上涨0.74%,5日约下跌0.16%。 原文 ↗
    事件后 +1日 -0.2% · +2日 +0.1% · +3日 +0.7% · +4日 +0.2% · +5日 -0.2%
    相似度依据:仅披露银行并购条件可能无法满足,并非已终止交易。
    经验:交割条件风险本身对股价的短期影响通常有限,不能直接等同于确定性利空。
  • 相似度 4/10 ISBA.US 2026-08-06 ISBA事件日约上涨0.27%,3日约下跌1.01%,5日约下跌0.44%。 原文 ↗
    事件后 +1日 +0.3% · +2日 -2.3% · +3日 -1.0% · +4日 +0.5% · +5日 -0.4%
    相似度依据:披露并购条件风险而非终止,且交易双方和行业不同。
    经验:并购不确定性可能在数日后才体现为温和负面,但方向并不稳定。
  • 相似度 3/10 OMEX.US 2026-08-11 OMEX事件日约上涨3.13%,3日约上涨4.21%,5日约下跌1.97%,但锚前已有明显异动。 原文 ↗
    事件后 +1日 +3.1% · +2日 -2.7% · +3日 +4.2% · +4日 +3.2% · +5日 -2.0%
    ⚠锚前1-2日已异动16.6%>锚定日3.1% — 该行涨幅别用来定止盈止损
    相似度依据:并购条件风险披露与本次终止机制相近,但事件前已出现显著异动,无法用于干净估计。
    经验:若事件前已大幅异动,公告后的表面收益容易混入提前交易,不应据此追单。
工具执行结果 · 成功 20 · 降级 1 · 失败 0 · 取消 0
  1. search_processed_events 成功 ? · 0 ms
    search_processed_events:agent query=`neighborhood intelligence formerly bed bath & beyond mutual termination of f9 brands acquisition because seller unable to satisfy closing conditions; no shares `;结构化索引覆盖完整 72 小时;旧记录兼容扫描近 66.2/72 小时、942 条本臂决策(完整),返回 0 条候选。未命中只表示这些 agent query 表达式没有召回候选,不能据此证明消息首发或
  2. fetch_decision_experience 成功 ? · 0 ms
  3. direct_instrument_candidates 成功 ? · 0 ms
  4. kb_search 成功 ? · 0 ms
  5. query_modeling_kb 成功 ? · 0 ms
    modeling_kb: 未命中(库快照 2026-07-27 · 11189 格 / 19 页)。
  6. search_case_library 成功 ? · 0 ms
    search_case_library「NXH.US」无历史决策命中(我们过去没在这些标的上决策过,或历史尚未回填)。
  7. market_clock 成功 ? · 0 ms
  8. search_case_library 成功 ? · 0 ms
    search_case_library「NXH.US」无历史决策命中(我们过去没在这些标的上决策过,或历史尚未回填)。
  9. kb_search 成功 ? · 0 ms
  10. search_case_library 成功 ? · 0 ms
  11. search_processed_events 成功 ? · 0 ms
    search_processed_events:agent query=`neighborhood intelligence terminates f9 brands acquisition september 8 2026 no shares issued no acquisition capital deployed`;结构化索引覆盖完整 72 小时;旧记录兼容扫描近 66.2/72 小时、943 条本臂决策(完整),返回 0 条候选。未命中只表示这些 agent query 表达式没有召回候选,不能据此证明消息首发或不是重复;按当前事件继续正常研判。
  12. market_clock 成功 ? · 0 ms
  13. direct_instrument_candidates 成功 ? · 0 ms
  14. web_search 成功 ? · 0 ms
  15. kb_search 成功 ? · 0 ms
  16. query_modeling_kb 成功 ? · 0 ms
  17. search_case_library 成功 ? · 0 ms
  18. search_processed_events 成功 ? · 0 ms
    search_processed_events:agent query=`f9 brands acquisition agreement termination seller unable to satisfy closing conditions no acquisition capital deployed`;结构化索引覆盖完整 72 小时;旧记录兼容扫描近 66.2/72 小时、944 条本臂决策(完整),返回 0 条候选。未命中只表示这些 agent query 表达式没有召回候选,不能据此证明消息首发或不是重复;按当前事件继续正常研判。
  19. stock_quote 成功 ? · 0 ms
  20. normalize_ticker 成功 ? · 0 ms
    未归一到唯一代码;请用 stock_quote 的 candidates 消歧,或直接给代码。
  21. event_study 降级 ? · 0 ms
    1 precedent(s) rejected; 0 benchmark warning(s)

原文全文

展开原文 · 10,507 字
----- ef20081710_8k.htm -----
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
September 7, 2026
Date of Report (Date of earliest event reported)
Neighborhood Intelligence, Inc.
(Exact name of registrant as specified in its charter)
Delaware
001-41850
87-0634302
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification No.)
433 W. Ascension Way
,
3rd Floor
Murray
,
Utah
84123
(Address of principal executive offices)(Zip Code)
(
801
)
947-3100
Registrant’s telephone number, including area code
Not Applicable
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following
provisions:
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading
Symbol(s)
Name of each exchange on which
registered
Common stock, $0.0001 par value per share
NXH
NASDAQ Global Select Market
Warrants to Purchase Shares of Common Stock
BBBYW
NASDAQ Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule
12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company
☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised
financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 1.02.
Termination of a Material Definitive Agreement.
On September 7, 2026, Beyond Home Services, LLC (“
Purchaser
”), a Delaware
limited liability company and wholly owned subsidiary of Neighborhood Intelligence, Inc., a Delaware corporation (the “
Company
”), and F9 Investments, LLC, a
Florida limited liability company (“
Seller
”), mutually agreed to terminate the Agreement and Plan of Merger, dated as of July 23, 2026 (the “
Merger Agreement
”), by and among the Company, Purchaser, F9 Merger Sub 1, Inc., a Delaware corporation and wholly owned subsidiary of Purchaser, F9 Merger Sub
2, LLC, a Delaware limited liability company and wholly owned subsidiary of Purchaser, Seller, F9 Brands, Inc., a Delaware corporation, and, solely for the purposes of Sections 3.6, 3.7, 3.8 and 5.1 of the Merger Agreement, Tom Sullivan, the
indirect owner of Seller (“
Sullivan
”), following Seller’s determination that it would be unable to satisfy certain conditions to the closing of the
transactions contemplated by the Merger Agreement (the “
Termination
”).
Pursuant to the Merger Agreement, Purchaser’s obligations to close the transaction were contingent upon the satisfaction or waiver of certain closing conditions. As
of the time of the Termination such conditions were not satisfied and it was not foreseeable to either Purchaser or Seller that such conditions would become satisfied. Rather than continue to pursue the transaction, Purchaser and Seller mutually
agreed to terminate the Merger Agreement. The Merger Agreement provides that it may be terminated by the mutual written consent of Purchaser and Seller, and upon such termination, the Merger Agreement shall immediately become null and void and
each of the parties to the Merger Agreement shall be relieved of their duties and obligations arising under the Merger Agreement after the date of such termination.
The foregoing description of the Merger Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Merger
Agreement, which was filed as Exhibit 2.1 to the Company’s Current Report on Form 8-K filed with the SEC on July 27, 2026, and is incorporated herein by reference as Exhibit 2.1 to this Current Report on Form 8-K.
Item 7.01.
Regulation FD.
On September 8, 2026, the Company issued a press release announcing the Termination of the Merger Agreement. A copy of the press release is furnished herewith as
Exhibit 99.1 and incorporated herein by reference to this Item 7.01.
The information set forth in this Item 7.01 including the information set forth in Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the
Securities Exchange Act of 1934, as amended (the “
Exchange Act
”), or otherwise subject to the liabilities of that section, nor shall it be deemed
incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing.
Item 9.01.
Financial Statements and Exhibits.
(d) Exhibits.
Exhibit Number
Description
2.1*
Agreement and Plan of Merger, dated as of July 23, 2026, by and among Bed Bath & Beyond, Inc., Beyond Home Services, LLC, F9 Merger Sub 1, Inc., F9 Merger
Sub 2, LLC, F9 Brands, Inc., F9 Investments, LLC and, solely for the purposes of Sections 3.6, 3.7, 3.8 and 5.1 thereof, Tom Sullivan (incorporated by reference to Exhibit 2.1 to the Company’s Current Report on Form 8-K filed by the Company
with the SEC on July 27, 2026)
99.1
Press Release, dated September 8, 2026.
104
Cover Page Interactive Data File (the cover page XBRL tags are embedded within the iXBRL document)
*
Certain of the schedules and exhibits to the agreement have been omitted pursuant to Item 601(a)(5) of Regulation S-K. A copy of any omitted schedule or exhibit will be furnished
to the Securities and Exchange Commission upon request.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
Neighborhood Intelligence, Inc.
By:
/s/ Marcus Lemonis
Marcus Lemonis
Chief Executive Officer
Date:
September 8, 2026

----- ef20081710_ex99-1.htm -----
EX-99.1
2
ef20081710_ex99-1.htm
EXHIBIT 99.1
Exhibit 99.1
Neighborhood Intelligence Terminates Proposed Acquisition of F9 Brands
Company Reaffirms Disciplined Capital Allocation and Growth Strategy Across Its Home Services Pillar
NASHVILLE, Tenn. (BUSINESS WIRE)
Neighborhood
Intelligence, Inc. (Nasdaq: NXH) (“Neighborhood” or the “Company”) today announced that the Company and F9 Brands, Inc. (“F9”) have terminated the previously announced acquisition agreement.
We determined F9 was unable to satisfy all closing requirements within the contemplated timeframe. Neighborhood will not proceed with the acquisition or
enter into a commercial or strategic collaboration with F9. The companies will continue to operate independently, and the terms and economics of the previously announced acquisition agreement are no longer in effect.
As of August 31, 2026, after giving effect to the completed acquisitions of The Container Store, Kirkland’s, Installed Right and SFV
Construction Services, Neighborhood had approximately 97 million shares of common stock issued and outstanding.
No shares will be issued and no acquisition capital will be deployed in connection with F9.
“Disciplined capital allocation and protecting shareholder value are central to how we evaluate every transaction,” said Marcus Lemonis, Executive
Chairman of Neighborhood Intelligence. “We evaluate opportunities continuously, and this is one of many transactions we have considered that we elected not to pursue. In this case, we determined the seller was unable to satisfy the closing
conditions, which are essential to our confidence in any business we acquire. We appreciate the time and effort contributed by the F9 management team and employees throughout the process. We remain focused on the strength of the Home Services
platform, anchored by Elfa, Closet Works and SFV Construction Services, and on pursuing opportunities that meet our strategic, financial, and operational standards.”
Neighborhood plans to build on Elfa’s whole-home solutions platform by leveraging its design, engineering and manufacturing capabilities across kitchen,
laundry, bath, closet and garage.
About Neighborhood
Neighborhood Intelligence (Nasdaq: NXH), previously Bed Bath & Beyond, Inc., is a data and technology company organized around three interconnected
pillars: Omni-Channel Retail, Home Services and Home Ownership.
Its portfolio includes Bed Bath & Beyond, Overstock, buybuy BABY, Kirkland’s, The Container Store, Elfa and Closet Works, along with its expanding Home
Services and Home Ownership businesses. Neighborhood connects products, services, financing, expertise and data to make homeownership simpler and more affordable.
Cautionary Note Regarding Forward-Looking Statements
This communication contains forward-looking statements within the meaning of the federal securities laws. Such forward-looking statements include all
statements other than statements of historical fact, including but not limited to statements regarding plans and strategies for the Company, planned commercial arrangements, planned acquisitions; our industry, business strategy, plans, goals and
expectations concerning our market position, future operations and other financial and operating information.
1
Forward-looking statements are neither promises nor guarantees and involve risks, uncertainties and other important factors that may cause actual results to
differ materially from any future results expressed or implied by the forward-looking statements, including, but not limited to: the anticipated expansion of Elfa and SFV Services; customer, data and revenue-sharing initiatives; potential investments
or acquisitions; and the expected benefits and timing of these initiatives, and other important factors discussed under the caption “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, its Quarterly Report
on Form 10-Q for the quarter ended June 30, 2026, as such factors may be updated from time to time in the Company’s subsequent filings with the SEC.
Investor Relations
ir@beyond.com
pr@beyond.com
Source: Neighborhood Intelligence, Inc.
2

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