Barnes & Noble Education Announces Effectiveness of Registration Statement Relating to $45 Million Rights Offering for Common Stock and Commencement of Rights Offering

BASKING RIDGE, N.J.--(BUSINESS WIRE)--Barnes & Noble Education, Inc. (NYSE: BNED) (“BNED” or the “Company”), a leading solutions provider for the education industry, announced today that its registration statement for its fully backstopped $45 million equity rights offering (the “Rights Offering”), was declared effective by the Securities and Exchange Commission (“SEC”) on May 14, 2024. The Rights Offering is one of the previously announced proposed transactions (the “Transactions”) contemp