Highest-materiality recent filing
BuzzFeed closes $120M majority stake sale to Byron Allen; Allen becomes Chairman and CEO
Allen Family Digital acquired 40M shares at $3.00/share ($120M total), gaining ~51% voting power.
BuzzFeed receives $120M majority investment from Byron Allen's family office; Q1 revenue $31.6M
Allen Family Digital to buy 40M shares at $3.00/share for $120M; $20M cash + $100M promissory note at 5% due 5 years.
BuzzFeed extends $5.0M payment to May 18; agrees to mandatory prepayments, $0.5M fee
Payment of $5.0M originally due April 30, 2026 extended to May 18, 2026 under Amendment No. 4.
BuzzFeed dismisses Deloitte as auditor, engages CBIZ; cites going concern and material weaknesses
Audit Committee dismissed Deloitte & Touche LLP on April 13, 2026; Deloitte reports for FY2024 and FY2025 included going-concern explanatory paragraph.
BuzzFeed Q4 revenue $56.5M (+0.6% YoY), full year net loss $57.3M, explores strategic options
Full year 2025 revenue $185.3M (-2.4% YoY); advertising -2.8%, content +9.4%.
BuzzFeed extends $5M debt repayment to Mar 6; receives Nasdaq bid-price deficiency notice
Second consent letter extends $5M principal repayment from Feb 27 to March 6, 2026 under Credit Agreement.
BuzzFeed extends $5M debt payment deadline to Feb 27, 2026 under lender consent
$5M principal repayment due Feb 20, 2026 deferred to Feb 27, 2026 via Consent Letter.
BuzzFeed Q3 revenue down 17% YoY to $46.3M; net loss of $7.4M vs net income year ago
Total revenue $46.3M, -17% YoY; net loss $7.4M vs net income $2.5M in Q3 2024.
BuzzFeed obtains $5M incremental loan commitment, $25M overadvance facility through Feb 2026
Incremental $5.0M term loan borrowed on Aug 25, 2025; mandatory repayment due Feb 20, 2026.
BuzzFeed Q2 revenue $46.4M (+13% YoY); net loss $10.6M, adj. EBITDA $2.0M
Revenue $46.4M, up 13% YoY; advertising $22.6M (-3%), content $10.7M (+53%), commerce $13.1M (+20%).
BuzzFeed indirectly assumes $4.8M debt of Girls Like Girls Film Inc. via majority acquisition
BuzzFeed subsidiary acquired majority stake in Girls Like Girls Film Inc., assuming ~$4.8M (CAD $6.6M) in debt.
BuzzFeed subsidiary secures $5.2M film production loan from BondIt LLC
Loan commitment $5.2M; $4.6M in cash installments from June 13 to Aug 8, 2025.
BuzzFeed redeems $29.7M convertible notes due 2026; equity plan shares increased
Redeemed all $29.7M of 2026 convertible notes plus $1.2M accrued interest for ~$30.9M total.
BuzzFeed secures $40M term loan, repays convertible notes, buys back 4.9% of shares
$40M term loan from Sound Point Agency LLC (SOFR+6.5%, floor 3.5%), matures May 23, 2028, secured by substantially all assets.
BuzzFeed Q1 net loss narrows to $12.5M; revenue $36M, advertising grows 2% YoY
Revenue $36.0M (-2.7% YoY); advertising grew to $21.4M (up 2.4% YoY) driven by programmatic +$2.5M.
BuzzFeed pays $1.2M fee to extend option repurchase notice date to May 31, 2025
On March 31, 2025, paid ~$1.2M cash fee to trustee under Fourth Supplemental Indenture.
BuzzFeed FY2024: rev $189.9M (-18%), net loss improves to $34M, adj EBITDA positive $5.5M
Full year 2024 revenue $189.9M, down 18% YoY; net loss from continuing ops improved to $34.0M from $55.7M.
BuzzFeed awards cash and RSU bonuses to CEO, CFO, and CLO
CEO Jonah Peretti receives $50,076 cash bonus and 10,241 RSUs.
Approximately 5% workforce reduction announced Feb 6, 2025, focused on streamlining HuffPost news operations.
BuzzFeed pays $0.9M fee to extend option repurchase notice deadline to March 31, 2025
Paid $0.9M cash fee to Wilmington Savings Fund Society to extend Option Repurchase Notice delivery deadline.
BuzzFeed sells First We Feast for $82.5M cash; reduces debt to ~$30M
Sold First We Feast to consortium led by Soros Fund Management affiliate for $82.5M all-cash, closing Dec 11, 2024.
BuzzFeed Q3 revenue $64.3M (+7% YoY), net income $2M, Adj. EBITDA $11M; CAO resigns
Revenue $64.3M (+7% YoY); net income from continuing ops $2M vs $(12)M loss in Q3 2023.
BuzzFeed amends indenture to allow earlier optional repurchase of 8.50% Convertible Notes due 2026
Holders may require repurchase on Dec 3, 2024 if notice delivered by Nov 22, 2024.
BuzzFeed Q2 net loss narrows to $6.5M; Adj EBITDA turns positive at $2.7M
Revenue $46.9M, down 24% YoY; net loss from continuing ops improved to $(6.5)M from $(22.5)M.
BuzzFeed ups ATM to $150M from ~$9M; reaffirms Q2 rev $44-49M, Adj EBITDA -$4M-$1M
ATM program increased to $150M aggregate offering price from prior limit of ~$9M (based on $2.71 close on July 3, 2024).
BuzzFeed regains Nasdaq compliance by appointing Gregory Coleman to audit committee
Gregory Coleman appointed to BuzzFeed's audit committee on June 11, 2024, restoring compliance with Nasdaq Listing Rule 5605(c)(2)(A).
BuzzFeed regains compliance with Nasdaq minimum bid price requirement
Nasdaq confirmed compliance on May 20, 2024, after bid price remained above $1.00 for 10 consecutive business days.
BuzzFeed CEO Peretti cuts salary to $115k; awards 6.8M options to employees
CEO salary reduced from $325k to $115k; awarded options for 414k shares.
the Board appointed the following directors (the "New Directors") to the Board to fill the vacancies, effective as of the Closing Date: • Byron Allen as a Class I director; • Chris Malone as a Class I director; • Eric Gould as a Class III director; • Sydnie Karras as a Class III director; and • Terence Hill as a Class III director.
the Board appointed the following directors (the "New Directors") to the Board to fill the vacancies, effective as of the Closing Date: • Byron Allen as a Class I director; • Chris Malone as a Class I director; • Eric Gould as a Class III director; • Sydnie Karras as a Class III director; and • Terence Hill as a Class III director.
In connection with the Transaction, Gregory Coleman resigned from the Board and the Audit Committee, the Compensation Committee and the Nominating, Corporate Governance, and Corporate Responsibility Committee of the Board on May 11, 2026, effective as of the Closing Date.
the Board appointed the following directors (the "New Directors") to the Board to fill the vacancies, effective as of the Closing Date: • Byron Allen as a Class I director; • Chris Malone as a Class I director; • Eric Gould as a Class III director; • Sydnie Karras as a Class III director; and • Terence Hill as a Class III director.
In connection with the Transaction, Jonah Peretti resigned as Chief Executive Officer of the Company and Chairman of the Board on May 11, 2026, effective as of the Closing Date.
the Board appointed the following directors (the "New Directors") to the Board to fill the vacancies, effective as of the Closing Date: • Byron Allen as a Class I director; • Chris Malone as a Class I director; • Eric Gould as a Class III director; • Sydnie Karras as a Class III director; and • Terence Hill as a Class III director.
In connection with the Transaction and pursuant to the Stock Purchase Agreement, on May 11, 2026, the Board appointed Byron Allen to serve as Chief Executive Officer, a Class I director and Chairman of the Board, effective as of the Closing Date.
On November 7, 2024, Daniel Weinstein announced his intention to resign as Chief Accounting Officer of the Company, effective November 20, 2024, in order to accept a position outside of the Company.
Max materiality 0.95 · Median 0.65 · Most common event debt