---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-177008"
form_type: "8-K"
ticker: "ZD"
cik: "0001084048"
company_name: "ZIFF DAVIS, INC."
filed_at: "2024-07-10T23:59:59+00:00"
generated_at: "2026-05-31T21:58:42.103341+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ziff Davis warns Q2 below estimates; exchanges $401M notes for new 2028 notes

## Summary
- Preliminary Q2 2024 results expected below Wall Street consensus; final results in early August.
- Exchanged ~$401M of 1.75% convertible notes due 2026 for ~$263M of new 3.625% notes due 2028 plus $135M cash.
- After exchange, notes outstanding: ~$149M existing, ~$263M new notes; settlement expected July 16, 2024.
- New notes have conversion rate of 10 shares per $1,000 principal (initial conversion price $100/share).
- Company will not receive cash proceeds; transaction extends maturity from 2026 to 2028.

## SEC filing metadata
- accession: 0001193125-24-177008
- form_type: 8-K
- ticker: ZD
- cik: 0001084048
- company_name: ZIFF DAVIS, INC.
- filed_at: 2024-07-10T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1084048/000119312524177008/0001193125-24-177008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1084048/000119312524177008/d827406d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-177008
- JSON: https://secwatch.observer/filing/0001193125-24-177008.json
- Plain text: https://secwatch.observer/filing/0001193125-24-177008.txt

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