secwatch.observer — SEC 8-K summary
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Issuer:     Vivid Seats Inc. (SEAT)
CIK:        0001856031
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0000950170-23-059730
Event type: m_and_a
Sentiment:  positive
Materiality: 0.90
Item codes: 1.01, 2.01, 2.02, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1856031/000095017023059730/0000950170-23-059730-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1856031/000095017023059730/seat-20231103.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-059730

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