1 unchanged sentence
Market Information
−Removed: Our Class A common stock is traded on Nasdaq under the symbol “ONEW.” As of November 26, 2024 , there were 14,826,496 shares of Class A common stock and 1,429,940 shares of Class B common stock outstanding.
−Removed: There is no market for our Class B common stock.
−Removed: Each share of Class B common stock has no economic rights but entitles its holders to one vote on all matters to be voted on by the shareholders generally.
+Added: Our Class A common stock is traded on Nasdaq under the symbol “ONEW.” As of December 2, 2025 , there were 16,527,533 shares of Class A common stock and no shares of Class B common stock outstanding.
Holders of Record
−Removed: As of November 26, 2024 there were 3 and 4 stockholders of record of our Class A common stock and Class B common stock, respectively.
+Added: As of December 2, 2025 there were 6 stockholders of record for our Class A common stock and no stockholders of record for our Class B common stock.
In the case of our Class A common stock, the actual number of holders is greater than this number of record holders, and includes stockholders who are beneficial owners, but whose shares are held in street name by brokers or held by other nominees.
1 unchanged sentence
Performance Graph
−Removed: The following graph illustrates a comparison of the total cumulative stockholder return for our Class A common stock since February 7, 2020, which is the date our shares began trading, through September 30, 2024, to two indices:
+Added: The following graph illustrates a comparison of the total cumulative stockholder return for our Class A common stock over the five-year period ended September 30, 2025, to two indices:
the Russell 2000 Index and the S&P 500 Retail Index.
−Removed: The graph assumes an initial investment of $100 on February 7, 2020, in our Class A common stock, the stocks comprising the Russell 2000 Index, and the stocks comprising the S&P 500 Retail Index.
+Added: The graph assumes an initial investment of $100 on September 30, 2020, in our Class A common stock, the stocks comprising the Russell 2000 Index, and the stocks comprising the S&P 500 Retail Index.
The calculations of cumulative shareholder return on our Class A common stock, the Russell 2000 Index and the S&P 500 Retail Index include reinvestment of dividends.
The comparisons in the table are required by the SEC and are not intended to forecast or be indicative of possible future performance of our Class A common stock.
−Removed: This graph shall not be deemed “soliciting material” or be deemed “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities under that section, and shall not be deemed to be incorporated by reference into any of our filings under the Securities Act of 1933 (Securities Act), as amended, or the Securities Act, whether made before or after the date hereof and irrespective of any general incorporation language in any such filing.
+Added: This graph shall not be deemed “soliciting material” or be deemed “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities under that section, and shall not be deemed to be incorporated by reference into any of our filings under the Securities Act or the Exchange Act, whether made before or after the date hereof and irrespective of any general incorporation language in any such filing.
COMPARISON OF 60 MONTH CUMULATIVE TOTAL RETURN*
1 unchanged sentence
and the S&P 500 Consumer Staples Distribution & Retail Index
−Removed: * *$100 invested on 2/7/20 in stock or 1/31/20 in index, including reinvestment of dividends.
+Added: *$100 invested on 9/30/20 in stock and in index, including reinvestment of dividends.
Fiscal year ending September 30.
10 unchanged sentences
We currently intend to retain future earnings, if any, to finance the growth of our business.
−Removed: Holders of our Class B common stock are not entitled to participate in any dividends declared by our Board of Directors.
Our future dividend policy is within the discretion of our Board of Directors and will depend upon then-existing conditions, including our results of operations, financial condition, capital requirements, investment opportunities, statutory and contractual restrictions on our ability to pay dividends and other factors our Board of Directors may deem relevant.
−Removed: See “Risk Factors—Risks Related to Our Class A Common Stock— While our Board of Directors declared a one-time special cash dividend of $1.80 per share on June 17, 2021, we do not intend to pay cash dividends on our Class A common stock, and our Credit Facilities place certain restrictions on our ability to do so.
+Added: See “Risk Factors—Risks Related to Our Class A Common Stock— We do not intend to pay cash dividends on our Class A common stock, and our Credit Facilities place certain restrictions on our ability to do so.
Consequently, your only opportunity to achieve a return on your investment is if the price of our Class A common stock appreciates.”
2 unchanged sentences
On March 30, 2022, the Board of Directors authorized a share repurchase program of up to $50 million of outstanding shares of Class A common stock.
−Removed: Repurchases under the share repurchase program may be made at any time or from time to time, without prior notice, in the open market or in privately negotiated transactions at prevailing market prices, or such other means as will comply with applicable state and federal securities laws and regulations, including the provisions of the Securities Exchange Act of 1934, including Rule 10b5-1 and Rule 10b-18 thereunder, and consistent with the Company’s contractual limitations and other requirements.
+Added: Repurchases under the share repurchase program may be made at any time or from time to time, without prior notice, in the open market or in privately negotiated transactions at prevailing market prices, or such other means as will comply with applicable state and federal securities laws and regulations, including the provisions of the Exchange Act, including Rule 10b5-1 and Rule 10b-18 thereunder, and consistent with the Company’s contractual limitations and other requirements.
The Company made no repurchases during the year ended September 30, 2025.
+Added: As of September 30, 2025, the Company has repurchased and retired 73,487 shares of Class A common stock under the repurchase program for a purchase price of approximately $ 1.9 million .
The Company has $48.1 million remaining under the share repurchase program.
+Added: Any such share repurchases may be subject to a U.S.
+Added: federal excise tax.
+Added: Subject to certain exceptions and adjustments, the amount of the excise tax is generally 1% of the aggregate fair market values of the shares of stock repurchased by the corporation during a taxable year, net of the aggregate fair market value of certain new stock issuances by the repurchasing corporation during the same taxable year.
+Added: In the past, there have been proposals to increase the amount of the excise tax from 1% to 4%;
+Added: however, it is unclear whether such a change in the amount of the excise tax will be enacted and, if enacted, how soon any change would take effect.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.