---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-041126"
form_type: "8-K"
ticker: "SEG"
cik: "0002009684"
company_name: "Seaport Entertainment Group Inc."
filed_at: "2024-09-23T23:59:59+00:00"
generated_at: "2026-05-31T02:34:28.669226+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- Rights offering of up to 7,000,000 shares at $25.00 per share, raising $175.0M gross.
- Pershing Square funds backstop entire offering if unsubscribed shares remain.
- Record date Sept 20, 2024; rights trade on NYSE American (SEG RT) Sept 24 to Oct 9, 2024.
- Each share owned receives one right to buy 1.267683 shares; expiration Oct 10, 2024.
- Proceeds for general operating, working capital, and corporate purposes.

## SEC filing metadata
- accession: 0001628280-24-041126
- form_type: 8-K
- ticker: SEG
- cik: 0002009684
- company_name: Seaport Entertainment Group Inc.
- filed_at: 2024-09-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2009684/000162828024041126/0001628280-24-041126-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2009684/000162828024041126/seg-20240923.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-041126
- JSON: https://secwatch.observer/filing/0001628280-24-041126.json
- Plain text: https://secwatch.observer/filing/0001628280-24-041126.txt

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