---
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"
generated_at: "2026-06-08T17:29:52.450042+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Vivid Seats Q3 GOV $998.9M (+28% YoY), acquires Vegas.com for ~$243.8M, raises guidance

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.01, 2.02, 3.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-059730
- JSON: https://secwatch.observer/filing/0000950170-23-059730.json
- Plain text: https://secwatch.observer/filing/0000950170-23-059730.txt

## Key facts
- Earnings Releases
  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
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1856031/000095017023059730/0000950170-23-059730-index.htm
- M&A Transactions
  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
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1856031/000095017023059730/0000950170-23-059730-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.