Fathom Holdings Inc. (NASDAQ: FTHM) announced it has entered into a definitive merger agreement to be acquired by Bed Bath & Beyond, Inc. (NYSE: BBBY) in an all-stock transaction valued at approximately $53.38 million.

Under the terms of the agreement, Fathom shareholders will receive 0.2236 shares of Bed Bath & Beyond common stock for each Fathom share held, subject to certain adjustments at closing.

Bed Bath & Beyond has been pursuing a strategy it calls "Everything Home," organized around three pillars: Homeownership & Transactions, Omnichannel Commerce, and Home Services. The acquisition is intended to expand the Homeownership & Transactions pillar by adding Fathom's brokerage, mortgage, title, insurance, and homeowner financial services capabilities.

Fathom is a technology-driven real estate services platform that integrates residential brokerage, mortgage, title, and SaaS offerings through its cloud-based software, intelliAgent.

Alongside the merger announcement, Fathom said that Adam Rothstein, a current board member, has been appointed Interim Chief Executive Officer, and that Daniel Weinmann, the company's vice president of finance, has been appointed Chief Financial Officer, both effective immediately.

"By combining with Bed Bath & Beyond, we meaningfully expand our ability to deliver a fully integrated, technology-driven experience for agents and consumers," Rothstein said in a statement.

The transaction is expected to close in the second half of 2026, pending approval from Fathom stockholders, required regulatory approvals, and other customary closing conditions. Additional details will be provided in filings with the Securities and Exchange Commission.