---
schema_version: "secwatch.filing_event.v1"
accession: "0001828972-24-000099"
form_type: "8-K"
ticker: "BZFD"
cik: "0001828972"
company_name: "BuzzFeed, Inc."
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T00:50:44.349544+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# BuzzFeed approves 1-for-4 reverse stock split effective May 6, 2024

## Summary
- Pre-split: 140.96M Class A and 5.47M Class B shares outstanding; post-split: ~35.24M Class A and ~1.37M Class B.
- Warrants adjusted: exercise price from $11.50 to ~$46.00; shares issuable from ~9.88M to ~2.47M.
- Convertible notes due 2026 ($119.1M principal) conversion price adjusted from $12.50 to ~$50.00; shares issuable from ~9.53M to ~2.38M.
- Equity awards proportionally adjusted: option exercise price from ~$7.05 to ~$28.18; RSU per-unit fair value from ~$0.72 to ~$2.89.
- Fractional shares rounded up; par value unchanged; Nasdaq symbol BZFD and BZFDW remain.

## SEC filing metadata
- accession: 0001828972-24-000099
- form_type: 8-K
- ticker: BZFD
- cik: 0001828972
- company_name: BuzzFeed, Inc.
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 3.03, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828972/000182897224000099/0001828972-24-000099-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828972/000182897224000099/bzfd-20240502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001828972-24-000099
- JSON: https://secwatch.observer/filing/0001828972-24-000099.json
- Plain text: https://secwatch.observer/filing/0001828972-24-000099.txt

## Key facts
- Governance Changes
  BuzzFeed, Inc.: Filed a Certificate of Amendment to effect a 1-for-4 reverse stock split of common stock, effective May 6, 2024 (effective 2024-05-06).
  - Change: charter amendment
  - Effective: 2024-05-06
  source text: On April 26, 2024, the Company filed the amendment to the Certificate of Incorporation attached hereto as Exhibit 3.1 with the Secretary of State of the State of Delaware (the “ Certificate of Amendment ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828972/000182897224000099/0001828972-24-000099-index.htm

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