Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
BuzzFeed, Inc. entered into Share Purchase Agreement with Allen Family Digital, LLC valued at approximately $5.8 million (effective 2026-06-17).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- Allen Family Digital, LLC
- Value
- approximately $5.8 million
- Effective
- 2026-06-17
Exact text from the filing
On June 17, 2026, BuzzFeed, Inc. (the “Company”) entered into a Share Purchase Agreement (the “Agreement”) with Allen Family Digital, LLC (the “Purchaser”), an affiliate of Byron Allen’s family office, pursuant to which the Purchaser agreed to purchase 4,000,000 shares of the Company’s Class A common stock (the “Shares”), consisting of 2,173,155 newly issued shares and 1,826,845 treasury shares. The Purchaser paid a price of $1.44 per share, which represents the closing price on June 15, 2026 as reported by The Nasdaq Stock Market LLC. The Company received aggregate proceeds of approximately $5.8 million on June 17, 2026.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
BuzzFeed, Inc. entered into Second Share Purchase Agreement with certain individual purchasers (effective 2026-06-17).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- certain individual purchasers
- Effective
- 2026-06-17
Exact text from the filing
Additionally, on June 17, 2026, the Company entered into a second Share Purchase Agreement (the “Second Agreement”) with certain individual purchasers, pursuant to which the Company agreed to sell a cumulative 216,999 shares of the Company’s Class A common stock, also at a price of $1.44 per share.
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