Vivid Seats completes acquisition of Betcha Sports for $25M upfront, up to $40M earnouts

Vivid Seats Inc.

Upfront purchase price $25M in Vivid Seats equity, subject to adjustments; earnouts up to $40M in cash/equity.
Betcha is a real money sports app with social and gamification features for live sports fans.
Acquisition extends Vivid Seats marketplace into online gaming and daily fantasy sports.
CEO Stan Chia cites TAM expansion and customer acquisition synergies with Vivid Seats' fan base.
Additional deal details to be discussed on Vivid Seats' Q4 2021 earnings call.

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