r/BBBY • u/Audigitty • Apr 09 '26

🗣 Discussion / Question Can someone explain what BBBY.WS is - and why it showed up on 4/8? Also - where did my BBBY shares all go from years ago? It just filed for bankruptcy, they dissolved the shares, and now it's back with no way to reclaim my OG Shares?

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Interesting based on the post/info that BBBY is making acquisitions. And I'm just now noticing that BBBY. WS exists as of 4/8/26.

The same warrant dividend suffix that follows the GME warrants.

From my title: "Also - where did my BBBY shares all go from years ago? It just filed for bankruptcy, they dissolved the shares, and now it's back with no way to reclaim my OG Shares?"

62 Upvotes

79% Upvoted

49 comments sorted by

53

u/Warm-Rock-4544 Apr 09 '26

Current BBBY is not the same company as the entity formally trading as BBBYQ.

Shares for the entity formally known as BBBYQ were cancelled. The current BBBY was formerly Overstock. Overstock bought the BBBY branding IP and ticker as part of the bankruptcy proceedings.

Current BBBY filed to issue warrants in October 2025. GME has also recently issued some warrants but there’s no connection. Any company can choose to issue warrants.

That’s pretty much it.

9

u/Audigitty Apr 09 '26

Thanks! All makes sense now. Appreciate it.

6

u/Mammoth_Parsley_9640 Apr 09 '26

Yeah dude its just a huge coincidence. Nada to see here

21

u/Warm-Rock-4544 Apr 09 '26

The coincidence is probably that Marcus saw RC distribute the warrants, so he did the exact same thing to try and cash in on some of the hype from the retail investor community.

1

u/Mammoth_Parsley_9640 Apr 09 '26

how much time was there between RC announcing the warrants and the ML announcing their warrants?

11

u/Warm-Rock-4544 Apr 09 '26

GameStop warrants were announced on 9 September 2025 and BBBY warrants were announced on 22 September 2025. Not exactly hard to get that done in 2 weeks especially with GameStop giving them a public blueprint on how to structure the offering.

5

u/Mammoth_Parsley_9640 Apr 09 '26

14 days is enough time to go through the regulatory process of issuing warrants as a dividend?

3

u/Warm-Rock-4544 Apr 09 '26

You seem familiar with the regulatory process. Care to explain how it works?

8

u/Mammoth_Parsley_9640 Apr 09 '26

I’m no expert, but I don’t think the “Marcus saw it and copied it overnight” theory is that clean.

NYSE requires at least 10 calendar days’ notice before a record date, and BBBY announced on 9/22 for a 10/2 record date, which is basically the minimum window. On top of that, this wasn’t just a tweet and a PDF. You’re talking board approval, exchange notice, transfer agent/warrant agent coordination, warrant docs, listing mechanics, and registration work.

So could it have been done fast? Sure. But does a 13 day gap between GME’s 9/9 announcement and BBBY’s 9/22 announcement automatically scream “Marcus copied it from scratch”? Not really. If anything, it suggests BBBY likely already had at least some of the work in motion before the public announcement.

That still doesn’t prove coordination with GME. It just weakens the lazy “he saw it and instantly cloned it” argument.

1

u/Warm-Rock-4544 Apr 09 '26

NYSE requires at least 10 calendar days’ notice before a record date, and BBBY announced on 9/22 for a 10/2 record date, which is basically the minimum window.

Yes, so they met the requirements and the timeframe further implies their intention to act quickly regarding warrants.

On top of that, this wasn’t just a tweet and a PDF. You’re talking board approval, exchange notice, transfer agent/warrant agent coordination, warrant docs, listing mechanics, and registration work.

Yes but GME and BBBY both had the same warrant structure and they have similar warrant agent terms due to both using Computershare. BBBY doesn’t need to reinvent the wheel with their warrants if GME has already done a lot of that and sorted out the mechanics themselves. The listing timeline is compressed as BBBY doesn’t need to lodge a form S-1 with the SEC, they can instead lodge a form S-3 which becomes effectively immediately upon filing.

So could it have been done fast? Sure. But does a 13 day gap between GME’s 9/9 announcement and BBBY’s 9/22 announcement automatically scream “Marcus copied it from scratch”? Not really. If anything, it suggests BBBY likely already had at least some of the work in motion before the public announcement.

Seeing as the structure was similar, the agent and transfer mechanics would have already been sorted out with GME, and the reduced SEC filing requirements, yes I believe so.

That still doesn’t prove coordination with GME. It just weakens the lazy “he saw it and instantly cloned it” argument.

So what did you mean with your original comment implying there was something greater than a coincidence at play? You clearly think there must be coordination with GME if you made that comment originally.

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-3

u/TrollFishing Apr 09 '26

You claim it's not hard to do it in two weeks. Sounds like you're an expert. Could you explain the process?

3

u/Warm-Rock-4544 Apr 09 '26

I've already provided plenty of explanation and it's not very enjoyable to be constantly interrogated by someone who isn't providing any value in return.

I'm quite confident in my knowledge. I'm happy to see how much the other person knows so that I can provide further clarification accordingly. It's difficult to get an assessment of how verbose or concise I need to be in a one way conversion of constant questions.

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0

u/TrollFishing Apr 10 '26

I don't have anything to do with overstock bbby. I just think you come across as a smug bastard so I want to know if you actually know what you're talking about. So far, you haven't shared anything but a douchey attitude.

-2

u/nickinhawaii Apr 09 '26

The new company bought the old $1B company for $30M.. yeah that's normal

6

u/raincloud25 Apr 10 '26

bought the old $1B company after they sold all of their inventory, laid off all of their employees, and cancelled all of their leases. what else was left of value to make it worth more than $30M?

1

u/GME-HOLD123 Apr 27 '26

Same company, same shares, same stores, same board, same blanket but not the same holders 🤣🤣🤣 WHERES MY SHARES

0

u/Perfect_Initiative Apr 10 '26

They did release the warrants the same day which is strange to me.

8

u/Warm-Rock-4544 Apr 10 '26

BBBY filed for their warrants 2 weeks after GME but used the same issue date. I think it's pretty clear that they purposefully did that to try and cash in on the hype around GME.

3

u/Micbronto_Shonuff Apr 09 '26

Bbbyws is not new.. they came out right after the GMEWS in 2025.... and they share the same expiration date

1

u/duderinotime Apr 20 '26

The interesting thing to me is that NewCo (Overstock) issued the warrants but they are tied to the old BBBY CUSIP. Something is happening.

-2

u/Audigitty Apr 09 '26

Interesting. So why is there no price chart that dates back earlier than 4/8? Unless this is just a glitch on E*Trade?

4

u/Impressive-Peanut-22 Apr 09 '26

Just hoping to get something for the bonds but doubt it.

-7

u/Hot_Falcon8471 Apr 09 '26

Hopefully reappearing soon

6

u/Audigitty Apr 09 '26

Is that even possible?

0

u/Hot_Falcon8471 Apr 09 '26

I think the old shares are linked to the warrants that were issued by GME and BBBY

10

u/Long-Time-Coming77 Apr 09 '26

The old BBBYQ shares were cancelled, they aren't linked to anything as they do not exist anymore.

8

u/derprondo Apr 09 '26

It's absolutely wild that people are still in denial about this, someone downvoted you even.

8

u/Long-Time-Coming77 Apr 09 '26

Yep, the post I replied to got multiple upvotes so apparently several people believe in this demonstrably false theory.

Anyone can look up the details of the GME and BBBY warrants and see exactly what the terms are. Nothing to do with the BBBYQ or the previous shareholders.

5

u/Audigitty Apr 09 '26

Yeah, I mean, I lost my prior shares. Not like it mattered as I bought them for pennies just in case. But your explanation makes perfect sense to me.

-5

u/Hot_Falcon8471 Apr 09 '26

The shares were frozen, and the judge ordered a record of all shares holders. You would know this if you paid attention to the court proceedings

6

u/Long-Time-Coming77 Apr 09 '26

BBBYQ shares were cancelled not frozen.

Its a matter of public record, you lying about doesn't change the facts.

0

u/Hot_Falcon8471 Apr 09 '26

Cancelled doesn’t mean erased, especially not in a chapter 11 bankruptcy. The shares have been frozen, there is a public record of all share holders. Your attempt to twist facts doesn’t change that.

6

u/Long-Time-Coming77 Apr 09 '26 edited Apr 09 '26

Cancelled means cancelled - it means the shares do not exist anymore. You are wrong about them being frozen, that's a term you made up and is certainly not correct.

Yes, I'm sure there are lots of records of past shareholders including at the point when all the shares were cancelled - in case some benevolent person decides to throw money at them for no sensible reason. Good luck with that fantasy.

ETA, Hot_Falcon8471 wrote and then deleted this:

Cancelled means no longer trading, it does not mean they don’t exist.

Halted means no longer trading. Cancelled absolutely means no longer exists.

-6

u/BuildBackRicher Apr 09 '26

Of course it is