{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-102372","form_type":"8-K","ticker":"SEAT","cik":"0001856031","company_name":"Vivid Seats Inc.","filed_at":"2025-08-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.394646+00:00","generated_at":"2026-05-17T21:00:12.697401+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Vivid Seats Q2 revenue down 28%; net loss $263.3M; launches $25M cost cuts","bullets":["Revenue $143.6M, down 28% YoY; Marketplace GOV $685.5M, down 31%.","Net loss of $263.3M vs $1.2M loss in Q2 2024; Adj. EBITDA $14.4M vs $44.2M.","Announced $25M annualized cost reduction program, expected fully actioned by end of 2025.","1-for-20 reverse stock split effective 5:00 p.m. ET today; SEAT begins split-adjusted trading Aug 6.","No FY 2025 guidance provided; CEO cites pressure on consumer spending and competitive intensity."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-102372","json":"https://secwatch.observer/filing/0000950170-25-102372.json","markdown":"https://secwatch.observer/filing/0000950170-25-102372.md","text":"https://secwatch.observer/filing/0000950170-25-102372.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1856031/000095017025102372/0000950170-25-102372-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1856031/000095017025102372/seat-20250805.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T21:00:12.697401+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}