secwatch.observer — SEC 8-K summary
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Issuer:     Reddit, Inc. (RDDT)
CIK:        0001713445
Form:       8-K/A
Filed at:   2024-03-26T23:59:59+00:00
Accession:  0001628280-24-012983
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Reddit corrects IPO gross proceeds to $631.6M in 8-K/A amendment
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- Original 8-K reported $600.0M gross proceeds; corrected to $631,601,918.
- IPO of 25.3M shares at $34.00, including 18.6M shares sold by company and 6.7M by selling stockholders.
- Underwriters' option for 3.3M additional shares exercised in full.
- Company did not receive proceeds from selling stockholders' shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1713445/000162828024012983/0001628280-24-012983-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1713445/000162828024012983/reddit-8xka.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-012983

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