---
schema_version: "secwatch.filing_event.v1"
accession: "0001490281-23-000131"
form_type: "8-K"
ticker: "GRPN"
cik: "0001490281"
company_name: "Groupon, Inc."
filed_at: "2023-11-21T23:59:59+00:00"
generated_at: "2026-06-07T22:38:01.309812+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Groupon launches $80M rights offering at $11.30/share, fully backstopped by board affiliates

## Summary
- Rights offering of $80M gross proceeds; subscription price $11.30/share; backstop by Pale Fire Capital (affiliated with CEO and board member).
- Each right allows purchase of 0.222257 shares; distribution to holders of record as of Nov 20, 2023; expiration Jan 17, 2024.
- Conversion rate on 1.125% convertible notes due 2026 adjusted from 14.6800 to 15.6619 per $1,000 principal due to the offering.
- Company completed sale of ~11.7% of its 2.08% SumUp stake for $10.2M cash in late November 2023.

## SEC filing metadata
- accession: 0001490281-23-000131
- form_type: 8-K
- ticker: GRPN
- cik: 0001490281
- company_name: Groupon, Inc.
- filed_at: 2023-11-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1490281/000149028123000131/0001490281-23-000131-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1490281/000149028123000131/grpn-20231121.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001490281-23-000131
- JSON: https://secwatch.observer/filing/0001490281-23-000131.json
- Plain text: https://secwatch.observer/filing/0001490281-23-000131.txt

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