---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-160315"
form_type: "8-K"
ticker: "SEAT"
cik: "0001856031"
company_name: "Vivid Seats Inc."
filed_at: "2022-05-26T23:59:59+00:00"
generated_at: "2026-06-25T06:55:09.175496+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Vivid Seats offers 0.240 shares per warrant; authorizes $40M buyback

## Summary
- Exchange offer: 0.240 shares per public warrant; max 4.35M shares issuable; offer open until June 29, 2022.
- If approved, untendered warrants convert at 0.213 shares (12.7% discount); requires 65% holder consent.
- Eldridge Industries, holding ~28.5% of warrants, agreed to tender and consent; additional ~36.5% needed.
- Board authorized $40M share repurchase program after offer completion, through March 31, 2023.
- CFO cites confidence in cash flow; buyback funded from operations and cash on hand.

## SEC filing metadata
- accession: 0001193125-22-160315
- form_type: 8-K
- ticker: SEAT
- cik: 0001856031
- company_name: Vivid Seats Inc.
- filed_at: 2022-05-26T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1856031/000119312522160315/0001193125-22-160315-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1856031/000119312522160315/d342534d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-160315
- JSON: https://secwatch.observer/filing/0001193125-22-160315.json
- Plain text: https://secwatch.observer/filing/0001193125-22-160315.txt

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