secwatch.observer — SEC 8-K summary
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Issuer:     Vivid Seats Inc. (SEAT)
CIK:        0001856031
Form:       8-K
Filed at:   2023-12-12T23:59:59+00:00
Accession:  0001193125-23-293372
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vivid Seats selling stockholder offers 23.6M shares at $6.50; company repurchases 2M shares
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- Selling stockholder sold 20.5M shares (plus underwriter option exercised for 3.075M) at public offering price of $6.50/share.
- Company repurchased 2M shares from underwriters at $6.24/share using cash on hand; company received no proceeds from selling stockholder's sale.
- Offering closed December 12, 2023; total shares sold 23.575M (including repurchase and option).
- Indemnification provisions and customary representations in underwriting agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1856031/000119312523293372/0001193125-23-293372-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1856031/000119312523293372/d766737d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-293372

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