BuzzFeed sells 4.3M Class A shares to Byron Allen affiliate at $1.09 for about $4.7M

BuzzFeed, Inc.

BuzzFeed entered a Share Purchase Agreement on September 23, 2026 with Allen Family Digital, LLC, an affiliate of Byron Allen's family office, for 4.3M newly issued Class A shares.
Shares priced at $1.09 each, the September 22, 2026 Nasdaq closing price, for roughly $4.7 million; issuance exempt under Section 4(a)(2) of the Securities Act.
Byron Allen Folks, Board Chairman and the Purchaser's CEO, disclosed his interest and abstained; the audit committee and four disinterested directors approved the related-party deal.
Closing was set for 5 p.m. ET September 23, 2026; the four disinterested directors also approved a related September 11, 2026 transaction; agreement filed as Exhibit 10.1.

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