secwatch.observer — SEC 8-K summary
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Issuer:     Vivid Seats Inc. (SEAT)
CIK:        0001856031
Form:       8-K
Filed at:   2021-12-22T23:59:59+00:00
Accession:  0000950170-21-005329
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vivid Seats signs 11-year lease for new Chicago HQ; terminates prior lease
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- Leased ~48,000 sq ft at 24 E Washington St, Chicago; 11-year term starting Jan 1, 2023.
- Average monthly base rent ~$122,500 after abatement; receives ~$6.5M improvement allowance.
- Terminated prior lease at 111 N Canal St effective Nov 15, 2022.
- New premises will house executive and corporate functions for growing employee base.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1856031/000095017021005329/0000950170-21-005329-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1856031/000095017021005329/seat-20211221.htm
  HTML page:      https://secwatch.observer/filing/0000950170-21-005329

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer