Vivid Seats announces secondary offering of 16M shares by selling stockholder at $8.00/share

Vivid Seats Inc.

Selling stockholder sold 16,000,000 shares of Class A common stock at $8.00 per share in underwritten offering.
Underwriters have 30-day option to purchase up to an additional 2,400,000 shares on same terms from selling stockholder.
Company received no proceeds from the sale; all shares sold by the selling stockholder.
Offering closed on May 22, 2023; underwriting agreement includes customary representations and indemnification.

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