secwatch.observer — SEC 8-K summary
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Issuer:     Vivid Seats Inc. (SEAT)
CIK:        0001856031
Form:       8-K
Filed at:   2023-05-22T23:59:59+00:00
Accession:  0001193125-23-150459
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1856031/000119312523150459/0001193125-23-150459-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1856031/000119312523150459/d705407d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-150459

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