The Brand House Collective, Inc. Shareholders Approve Merger with Bed Bath & Beyond, Inc.

BRENTWOOD, TN – March 17, 2026 – The Brand House Collective, Inc. (“the Company”, formerly known as Kirkland’s, Inc.) announced the results of a special shareholder meeting held on March 17, 2026, marking a significant turning point for the company and its investors. The meeting was convened to vote on the proposed merger with Bed Bath & Beyond, Inc. (“Beyond”), under the Agreement and Plan of Merger dated November 24, 2025.

Key Points of the Report

• Shareholder Approval of Merger: Shareholders overwhelmingly approved the adoption of the merger agreement with Bed Bath & Beyond, Inc.
• Quorum Achieved: Approximately 14.6 million shares, representing 65% of the shares entitled to vote, were present or represented by proxy, ensuring a valid quorum for decision-making.
• Majority Support: The merger was approved by holders of a majority of the outstanding voting shares and a separate majority of votes cast by Disinterested Shareholders, as defined in the proxy statement.
• Executive Compensation Advisory Vote: Shareholders also approved, on an advisory, non-binding basis, the compensation that may be paid or become payable to named executive officers in connection with the merger.
• Adjournment Proposal Not Called: A proposal to adjourn the meeting, if needed, was not called since the merger agreement had already secured the required votes.
• Expected Closing: The merger is expected to close in April 2026, subject to the satisfaction or waiver of remaining closing conditions.

Details of Shareholder Votes

• Merger Agreement Approval:
  • Affirmative votes: 13,508,000 shares (majority of outstanding voting power)
  • Disinterested Shareholder approval: Achieved majority as required
• Executive Compensation (Advisory Vote):
  • For: 120,489 votes (majority of votes cast)
  • Against/Abstentions: Not specified, but majority for indicates strong support
• Adjournment Proposal: Not called due to sufficient votes on the merger.

Important Shareholder Information & Price Sensitive Matters

• Strategic Impact: The approval of the merger with Bed Bath & Beyond, Inc. is a transformative event for The Brand House Collective, Inc. It signals a significant change in business direction, potential synergies, and expanded market opportunities under a larger, well-recognized retail brand.
• Shareholder Value: Such mergers often affect share prices, either positively due to anticipated synergies and cost savings, or negatively if there are concerns about integration or overvaluation. Investors should evaluate the terms of the merger agreement and future communications for additional details on the transaction’s structure.
• Executive Compensation: Approval of the compensation package for named executive officers related to the merger may influence management incentives and future leadership structures.
• Closing Conditions: The merger is not yet closed. Any failure to meet remaining closing conditions or unexpected developments could impact the anticipated benefits and the share price.
• Corporate Identity: The company has recently changed its name from Kirkland’s, Inc. to The Brand House Collective, Inc., reflecting a broader strategic repositioning.

Other Regulatory and Administrative Details

• Trading Information: The company’s common stock currently trades under the symbol TBHC on the NASDAQ Global Select Market.
• Emerging Growth Company Status: The company is not classified as an emerging growth company under SEC definitions.
• Address: 5310 Maryland Way, Brentwood, TN 37027; Phone: 615-872-4800.

Concluding Remarks

This merger, once finalized, will reshape the company’s trajectory, potentially impacting future earnings, business strategy, and shareholder value. Investors are urged to monitor further announcements regarding the closing of the merger and any updated guidance on integration plans and leadership changes.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence and consult their financial advisors before making investment decisions. The information above is based on company filings and may be subject to updates or changes.

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