Investment Firm Purchases Sonos Shares, As Company Prepares for New Product Line

Transaction worth based connected SEC Form 4 weighted mean acquisition terms ($15.73).

• How was the acquisition structured, and which entities were involved?
  The acquisition was executed by Coliseum Capital Management and galore affiliate entities.

• How does the transaction terms comparison to caller marketplace levels?
  The weighted-average acquisition terms of astir $15.73 per stock intimately tracked Sonos’s trading scope during the play (opening astatine $15.39 and closing astatine $15.60 connected Feb. 17, 2026).

* Price and 1-year show calculated utilizing Feb. 21, 2026 arsenic the notation date.

Sonos, Inc. is simply a starring decorator and shaper of premium multi-room audio products, offering wireless speakers, location theatre systems, audio components, and accessories. It conducts direct-to-consumer e-commerce and has a web of astir 10,000 third-party retail partners and customized installers worldwide.

On Jan. 27, 2026, Sonos revealed 1 of its caller flagship audio devices, the Sonos Amp Multi, a multi-channel streaming amplifier that’s expected to beryllium released successful the adjacent fewer months. The instrumentality is fundamentally an audio hub that lets users link up to 24 speakers successful a abstraction and play euphony independently successful each country of a home, oregon play them each unneurotic simultaneously.

Users tin usage the Sonos app to navigate to which country of a location wherever they privation to watercourse music. It’s much catered to radical with ample homes and bureau spaces, making it somewhat of a niche product. And with its modular Sonos Amp already costing $799, the Multi Amp is expected to beryllium priced good implicit $1,000, making it a tougher merchantability for the mundane consumer. However, the institution has dedicated a batch of resources to this product, arsenic it’s the archetypal hardware merchandise since the Sonos Arc, a wireless soundbar, successful precocious 2024.

The institution took a interruption from releasing caller hardware to absorption connected fixing its app aft it faced overwhelming backlash erstwhile it made important changes successful 2024 that were met with beardown disapproval by app users.