{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-267994","form_type":"8-K","ticker":"SEAT","cik":"0001856031","company_name":"Vivid Seats Inc.","filed_at":"2025-11-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.837723+00:00","generated_at":"2026-05-17T00:00:34.894579+00:00","sec_items":["1.01","1.02","2.02","3.02","5.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Vivid Seats Q3 2025: Net loss of $19.7M, revenue -27% YoY; CEO transition, 2026 outlook","bullets":["Marketplace GOV $618.1M (-29% YoY); revenue $136.4M (-27% YoY); net loss $19.7M vs net income $9.2M in Q3 2024.","Adjusted EBITDA $4.9M vs $34.1M in Q3 2024, down $29.2M.","Lawrence Fey appointed CEO effective Nov 3; Stanley Chia steps down; Edward Pickus interim CFO.","Completed corporate simplification: single class stock, TRA termination, expects up to $180M lifetime tax savings.","2026 initial outlook: Marketplace GOV $2.2-2.6B, Adjusted EBITDA $30-40M; cost savings target doubled to $60M."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-267994","json":"https://secwatch.observer/filing/0001193125-25-267994.json","markdown":"https://secwatch.observer/filing/0001193125-25-267994.md","text":"https://secwatch.observer/filing/0001193125-25-267994.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1856031/000119312525267994/0001193125-25-267994-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1856031/000119312525267994/seat-20251031.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T00:00:34.894579+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}