SUBSEQUENT EVENT

6 Months Ended

Oct. 31, 2024

SUBSEQUENT EVENT

SUBSEQUENT EVENT

17.  SUBSEQUENT EVENTS

At-the-Market Equity Offerings

        At-the-Market Equity Offerings

        Subsequent to October 26, 2024, Barnes & Noble Education issued and sold 2,928,145 shares of its common stock under the Sales Agreement at a weighted-average price of $10.32 per share and received $29.7 million in proceeds, net of commissions. As of November 27, 2024, we sold the maximum aggregate offering of $40 million of BNED Common Stock under the ATM Sales Agreement.

        Dividends Declared

On November 8, 2024, our Board declared a special cash dividend of $0.245 per share on our outstanding common stock payable, subject to any prior revocation, on January 24, 2025, to stockholders of record on January 10, 2025.