Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
Vivid Seats Inc. reported third quarter ended September 30, 2023 results: revenue $188.1 million, net income $16.0 million. Guidance raised.
- Period
- third quarter ended September 30, 2023
- Revenue
- $188.1 million
- Net income
- $16.0 million
- Guidance
- raised
- Result
- reported results
Exact text from the filing
long-term shareholder value." Third Quarter 2023 Key Operational and Financial Metrics • Marketplace GOV of $998.9 million – up 28% from $781.8 million in Q3 2022 • Revenues of $188.1 million – up 20% from $156.8 million in Q3 2022 • Net income of $16.0 million – down 15% from $18.7 million in Q3 2022 • Adjusted EBITDA of $33.4 million – up 18% from $28.3 million in
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M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.9
Vivid Seats Inc. completed an acquisition involving VDC Holdco, LLC for approximately $243.8 million, which is subject to customary closing adjustments, comprised of approximately $153.6 million in cash and approximately 15.6 millio (closed 2023-11-03).
- Action
- acquisition
- Counterparty
- VDC Holdco, LLC
- Consideration
- approximately $243.8 million, which is subject to customary closing adjustments, comprised of approximately $153.6 million in cash and approximately 15.6 millio
- Closing
- 2023-11-03
Exact text from the filing
set forth in the Merger Agreement, the Company completed the Acquisition. The aggregate consideration paid by the Company pursuant to the Merger Agreement was approximately $243.8 million, which is subject to customary closing adjustments, comprised of approximately $153.6 million in cash and approximately 15.6 million shares of the Company’s Class A common stock
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