secwatch.observer — SEC 8-K summary
======================================

Issuer:     Seaport Entertainment Group Inc. (SEG)
CIK:        0002009684
Form:       8-K
Filed at:   2025-03-11T23:59:59+00:00
Accession:  0001558370-25-002635
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Seaport Entertainment Q4 2024 net loss widens to $41.6M; adjusted loss improves
-------------------------------------------------------------------------------

- Net loss Q4 2024 ($41.6M) vs ($36.0M) in Q4 2023; full year loss ($153.2M).
- Non-GAAP adjusted net loss Q4 ($19.2M) vs ($27.95M) prior year; improvement.
- Revenue flat at $22.8M; net loss per share ($3.63) vs ($6.52) due to share count increase.
- Raised $166.8M via rights offering of 7M shares at $25.00 per share in Q4.
- Signed long-term lease with Meow Wolf (74,497 sq ft) for Pier 17 in 2027; extended Live Nation deal.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2009684/000155837025002635/0001558370-25-002635-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2009684/000155837025002635/seg-20250310x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-002635

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer