{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-059730","form_type":"8-K","ticker":"SEAT","cik":"0001856031","company_name":"Vivid Seats Inc.","filed_at":"2023-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.128605+00:00","generated_at":"2026-06-08T17:29:52.450042+00:00","sec_items":["1.01","2.01","2.02","3.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Vivid Seats Q3 GOV $998.9M (+28% YoY), acquires Vegas.com for ~$243.8M, raises guidance","bullets":["Q3 Marketplace GOV $998.9M (+28% YoY); revenue $188.1M (+20% YoY).","Q3 net income $16.0M (-15% YoY); adjusted EBITDA $33.4M (+18% YoY).","Acquired Vegas.com for ~$243.8M (~$153.6M cash + 15.6M shares at $5.80 avg. price).","2023 guidance raised; initial 2024 guidance targets 26% adj. EBITDA growth and mid-teens GOV/revenue growth."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-059730","json":"https://secwatch.observer/filing/0000950170-23-059730.json","markdown":"https://secwatch.observer/filing/0000950170-23-059730.md","text":"https://secwatch.observer/filing/0000950170-23-059730.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1856031/000095017023059730/0000950170-23-059730-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1856031/000095017023059730/seat-20231103.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T17:29:52.450042+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"810340e905bfe0f6e9eb130fb1e70c94cc6455ac","claim":"Vivid Seats Inc. reported third quarter ended September 30, 2023 results: revenue $188.1 million, net income $16.0 million. Guidance raised.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1856031/000095017023059730/0000950170-23-059730-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Revenue","value":"$188.1 million"},{"label":"Net income","value":"$16.0 million"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"bf669e8eb911a28ddbdda2f44c3182a3998d2130","claim":"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).","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1856031/000095017023059730/0000950170-23-059730-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"VDC Holdco, LLC"},{"label":"Consideration","value":"approximately $243.8 million, which is subject to customary closing adjustments, comprised of approximately $153.6 million in cash and approximately 15.6 millio"},{"label":"Closing","value":"2023-11-03"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}