---
schema_version: "secwatch.filing_event.v1"
accession: "0001803914-25-000014"
form_type: "8-K"
ticker: "PLBY"
cik: "0001803914"
company_name: "Playboy, Inc."
filed_at: "2025-01-31T23:59:59+00:00"
generated_at: "2026-05-27T04:47:04.089367+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# PLBY converts 25% of Series B preferred into common at $1.85/share as part of deleveraging

## Summary
- Converted 7,000 Series B Convertible Preferred shares into 3,784,688 common shares at $1.84956 per share.
- Series B shares outstanding reduced to 21,000.00001; common shares outstanding increased to 93,736,325.
- Conversion price represents ~23% premium to December 2024 Byborg Enterprises SA securities purchase agreement.
- Company received no proceeds; may elect to convert additional Series B stock or redeem for cash in future.

## SEC filing metadata
- accession: 0001803914-25-000014
- form_type: 8-K
- ticker: PLBY
- cik: 0001803914
- company_name: Playboy, Inc.
- filed_at: 2025-01-31T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1803914/000180391425000014/0001803914-25-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1803914/000180391425000014/ply-20250129.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001803914-25-000014
- JSON: https://secwatch.observer/filing/0001803914-25-000014.json
- Plain text: https://secwatch.observer/filing/0001803914-25-000014.txt

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