---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-047241"
form_type: "8-K"
ticker: "GRPN"
cik: "0001490281"
company_name: "Groupon, Inc."
filed_at: "2024-11-12T23:59:59+00:00"
generated_at: "2026-05-30T01:46:16.528050+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Groupon exchanges $176M of 1.125% notes for 6.25% secured notes; Q3 rev $114.5M, net income $14.5M

## Summary
- Exchanged $176.26M of 1.125% 2026 notes for new 6.25% secured notes due 2027; raised $20M cash via $21M principal at 95%.
- Q3 revenue $114.5M (down 9% YoY); net income $14.5M vs. net loss $40.8M last year.
- Adjusted EBITDA $14.8M (down from $18.2M); cash $159.7M at quarter-end.
- North America active customers 10.2M (down 2% YoY); International active customers 5.3M (down 19% YoY).
- Conversion price ~$30/share (184% premium to 20-day VWAP); additional 2.5% interest if SumUp pledge not completed by Nov 2025.

## SEC filing metadata
- accession: 0001628280-24-047241
- form_type: 8-K
- ticker: GRPN
- cik: 0001490281
- company_name: Groupon, Inc.
- filed_at: 2024-11-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.02, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1490281/000162828024047241/0001628280-24-047241-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1490281/000162828024047241/grpn-20241112.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-047241
- JSON: https://secwatch.observer/filing/0001628280-24-047241.json
- Plain text: https://secwatch.observer/filing/0001628280-24-047241.txt

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