{"schema_version":"secwatch.filing_event.v1","accession":"0001828972-24-000019","form_type":"8-K","ticker":"BZFD","cik":"0001828972","company_name":"BuzzFeed, Inc.","filed_at":"2024-02-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.792111+00:00","generated_at":"2026-06-05T07:18:11.095989+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"BuzzFeed amends convertible note indenture to permit Complex Networks sale, mandates $30.9M redemption","bullets":["Second supplemental indenture amends 8.50% Convertible Senior Notes due 2026, dated Feb 28, 2024.","Permits sale of Complex Networks assets as defined in the Feb 21 Asset Purchase Agreement with Commerce Media Holdings.","Mandates redemption of $30.9M from Complex sale proceeds; 95% of net proceeds from future asset sales required for redemption.","Replaces de minimis asset sale exception with Specified Disposition concept (aggregate cap $10M).","Company prohibited from open-market note purchases unless at 100% par in a pro rata offer to all holders."],"urls":{"canonical":"https://secwatch.observer/filing/0001828972-24-000019","json":"https://secwatch.observer/filing/0001828972-24-000019.json","markdown":"https://secwatch.observer/filing/0001828972-24-000019.md","text":"https://secwatch.observer/filing/0001828972-24-000019.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1828972/000182897224000019/0001828972-24-000019-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1828972/000182897224000019/bzfd-20240228.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T07:18:11.095989+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2908146bb2ec1c4ddba5ebff43cbfda7ca8e0966","claim":"BuzzFeed, Inc. amended Second Supplemental Indenture with Wilmington Savings Fund Society, FSB valued at Second Supplemental Indenture to 8.50% Convertible Senior Notes due 2026 (effective 2024-02-28).","evidence_excerpt":"On February 28, 2024, BuzzFeed, Inc. (“ BuzzFeed ” or the “ Company ”) entered into a second supplemental indenture (the “ Second Supplemental Indenture ”) among the Company and Wilmington Savings Fund Society, FSB, as trustee (the “ Trustee ”), amending and supplementing the indenture (the “ Indenture ”), dated as of December 3, 2021, as amended and supplemented, providing for the issuance of the Company’s 8.50% Convertible Senior Notes due 2026 (the “ Notes ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1828972/000182897224000019/0001828972-24-000019-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Wilmington Savings Fund Society, FSB"},{"label":"Value","value":"Second Supplemental Indenture to 8.50% Convertible Senior Notes due 2026"},{"label":"Effective","value":"2024-02-28"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}