The Lovesac Company (LOVE) Granted Prelim Approval of Settlement

On June 3, 2025, the United States District Court for the District of Connecticut (the “District Court”) issued an order granting preliminary approval of the proposed settlement of the consolidated derivative actions captioned In re the The Lovesac Company (NASDAQ: LOVE) Company Derivative Action, Case No. 3:24-cv-01260-VAB (D. Conn.), on the terms set out in the Stipulation of Settlement dated May 19, 2025 (“Stipulation of Settlement” and, with its exhibits, the “Settlement Agreement”). On June 6, 2025, the District Court amended the order granting preliminary approval to adjust certain dates in the prior June 3 order.

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