---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-039945"
form_type: "8-K"
ticker: "SEG"
cik: "0002009684"
company_name: "Seaport Entertainment Group Inc."
filed_at: "2024-09-10T23:59:59+00:00"
generated_at: "2026-05-31T05:44:22.684324+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Seaport Entertainment launches $175M rights offering at $25/share, backstopped by Pershing Square

## Summary
- Rights offering of up to 7M shares at $25/share for aggregate gross proceeds of $175M.
- Record date Sep 20, 2024; rights tradable on NYSE American from Sep 24 to Oct 9.
- Basic subscription rights proportional to ownership; over-subscription privileges available.
- Backstop by Pershing Square to purchase any unsubscribed shares up to $175M.
- Proceeds for general operating and working capital purposes.

## SEC filing metadata
- accession: 0001628280-24-039945
- form_type: 8-K
- ticker: SEG
- cik: 0002009684
- company_name: Seaport Entertainment Group Inc.
- filed_at: 2024-09-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2009684/000162828024039945/0001628280-24-039945-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2009684/000162828024039945/seg-20240910.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-039945
- JSON: https://secwatch.observer/filing/0001628280-24-039945.json
- Plain text: https://secwatch.observer/filing/0001628280-24-039945.txt

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