---
schema_version: "secwatch.filing_event.v1"
accession: "0001828972-24-000171"
form_type: "8-K"
ticker: "BZFD"
cik: "0001828972"
company_name: "BuzzFeed, Inc."
filed_at: "2024-07-03T23:59:59+00:00"
generated_at: "2026-05-31T23:34:19.019141+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# BuzzFeed ups ATM to $150M from ~$9M; reaffirms Q2 rev $44-49M, Adj EBITDA -$4M-$1M

## Summary
- ATM program increased to $150M aggregate offering price from prior limit of ~$9M (based on $2.71 close on July 3, 2024).
- Previously sold 517,385 shares under ATM for aggregate gross proceeds of ~$1.1M; new prospectus supplement filed.
- Reconfirms Q2 2024 revenue guidance of $44-49M (down ~21-30% YoY) and Adjusted EBITDA range of $(4)M to $1M.
- Company notes potential dilutive effect of increased ATM and need for additional capital; forward-looking risks highlighted.

## SEC filing metadata
- accession: 0001828972-24-000171
- form_type: 8-K
- ticker: BZFD
- cik: 0001828972
- company_name: BuzzFeed, Inc.
- filed_at: 2024-07-03T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828972/000182897224000171/0001828972-24-000171-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828972/000182897224000171/bzfd-20240703.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001828972-24-000171
- JSON: https://secwatch.observer/filing/0001828972-24-000171.json
- Plain text: https://secwatch.observer/filing/0001828972-24-000171.txt

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