---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-012880"
form_type: "8-K"
ticker: "RDDT"
cik: "0001713445"
company_name: "Reddit, Inc."
filed_at: "2024-03-25T23:59:59+00:00"
generated_at: "2026-06-04T08:30:38.442160+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Reddit completes IPO of 25.3M shares at $34.00, gross proceeds $600M

## Summary
- Company sold 18.6M shares; selling stockholders sold 6.7M shares (including full underwriter option).
- Gross proceeds to Reddit: $600,021,822 before underwriting discounts and expenses.
- IPO priced at $34.00 per share and closed on March 25, 2024.
- Amended charter and bylaws became effective upon IPO closing.

## SEC filing metadata
- accession: 0001628280-24-012880
- form_type: 8-K
- ticker: RDDT
- cik: 0001713445
- company_name: Reddit, Inc.
- filed_at: 2024-03-25T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1713445/000162828024012880/0001628280-24-012880-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1713445/000162828024012880/reddit-8xk.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-012880
- JSON: https://secwatch.observer/filing/0001628280-24-012880.json
- Plain text: https://secwatch.observer/filing/0001628280-24-012880.txt

## Key facts
- Governance Changes
  Reddit, Inc.: Amended and restated bylaws became effective in connection with IPO (effective 2024-03-25).
  - Change: bylaw amendment
  - Effective: 2024-03-25
  source text: On March 25, 2024, Reddit, Inc. (the “Company”) filed its amended and restated certificate of incorporation (the “Certificate of Incorporation”) with the Secretary of State of the State of Delaware and its amended and restated bylaws (the “Bylaws”) became effective in connection with the closing of the initial public offering of shares of the Company’s Class A common stock
  evidence_url: https://www.sec.gov/Archives/edgar/data/1713445/000162828024012880/0001628280-24-012880-index.htm
- Governance Changes
  Reddit, Inc.: Amended and restated certificate of incorporation filed in connection with IPO (effective 2024-03-25).
  - Change: charter amendment
  - Effective: 2024-03-25
  source text: On March 25, 2024, Reddit, Inc. (the “Company”) filed its amended and restated certificate of incorporation (the “Certificate of Incorporation”) with the Secretary of State of the State of Delaware and its amended and restated bylaws (the “Bylaws”) became effective in connection with the closing of the initial public offering of shares of the Company’s Class A common stock
  evidence_url: https://www.sec.gov/Archives/edgar/data/1713445/000162828024012880/0001628280-24-012880-index.htm

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