BuzzFeed sells 1.7M new shares to Byron Allen affiliate for $1.8M

BuzzFeed, Inc.

Allen Family Digital LLC buys 1,700,000 newly issued Class A shares at $1.06/share, ~$1.8M total.
Related-party deal: Byron Allen Folks is BuzzFeed Chairman; he abstained from approval.
Audit committee and four disinterested directors approved as fair and reasonable.
Shares issued unregistered under Section 4(a)(2); closing on Sept 11, 2026.
Proceeds are ~$1.8M; no stated use beyond general corporate purposes.

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