---
schema_version: "secwatch.filing_event.v1"
accession: "0001490281-23-000117"
form_type: "8-K"
ticker: "GRPN"
cik: "0001490281"
company_name: "Groupon, Inc."
filed_at: "2023-11-13T23:59:59+00:00"
generated_at: "2026-06-08T04:57:00.379690+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Groupon announces $80M backstopped rights offering; extends standstill with Pale Fire Capital

## Summary
- $80M rights offering at $11.30/sh, fully backstopped by Pale Fire Capital affiliate.
- Pale Fire Capital commits to exercise its rights and buy any unsubscribed shares.
- Standstill agreement extended to Dec 31, 2024; ownership cap lifted for shares acquired in offering.
- Company to nominate CEO Dusan Senkypl and board member Jan Barta for re-election at 2024 meeting.

## SEC filing metadata
- accession: 0001490281-23-000117
- form_type: 8-K
- ticker: GRPN
- cik: 0001490281
- company_name: Groupon, Inc.
- filed_at: 2023-11-13T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1490281/000149028123000117/0001490281-23-000117-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1490281/000149028123000117/grpn-20231109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001490281-23-000117
- JSON: https://secwatch.observer/filing/0001490281-23-000117.json
- Plain text: https://secwatch.observer/filing/0001490281-23-000117.txt

## Key facts
- Material Agreements
  Groupon, Inc. amended Amended and Restated Standstill Agreement with Pale Fire Parties.
  - Action: amendment
  - Counterparty: Pale Fire Parties
  source text: Concurrently with the execution of the Backstop Agreement, the Company, the Backstop Party, Pale Fire Capital SE, Senkypl and Barta (together with Senkypl, the Backstop Party and Pale Fire Capital SE, the “Pale Fire Parties”) amended and restated that certain Standstill Agreement, dated March 30, 2023, by and among the Company and the Pale Fire Parties (the “Existing Standstill Agreement", as amended and restated, the “Amended and Restated Standstill Agreement”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1490281/000149028123000117/0001490281-23-000117-index.htm
- Material Agreements
  Groupon, Inc. entered into Backstop Agreement with Pale Fire Capital SICAV a.s. valued at $80.0 million (effective 2023-11-09).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Pale Fire Capital SICAV a.s.
  - Value: $80.0 million
  - Effective: 2023-11-09
  source text: On November 9, 2023, Groupon, Inc. (the “Company”) entered into a binding backstop agreement (the “Backstop Agreement”) with Pale Fire Capital SICAV a.s. (the “Backstop Party”), an entity affiliated with Dusan Senkypl, the Company’s Interim Chief Executive Officer and a member of the Company’s Board of Directors (the “Board”) (“Senkypl”) and Jan Barta, a member of the Board ("Barta"), in connection with the Company’s announced $80.0 million fully backstopped rights offering (the “Rights Offering”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1490281/000149028123000117/0001490281-23-000117-index.htm

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