BuzzFeed, Inc. entered into Second Share Purchase Agreement with certain individual purchasers (effective 2026-06-17).
“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.”
Material Agreements
BuzzFeed, Inc. entered into Share Purchase Agreement with Allen Family Digital, LLC valued at approximately $5.8 million (effective 2026-06-17).
“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.”
Shareholder Votes
BuzzFeed, Inc. shareholders approved Appointment of the Company’s Independent Registered Public Accounting Firm at the 2026-06-02 meeting.
“Proposal 2: Appointment of the Company’s Independent Registered Public Accounting Firm The stockholders ratified the appointment of CBIZ CPAs P.C. as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026. The results of the vote were as follows: For Against Abstain 90,981,426 313,813 21,545”
Shareholder Votes
BuzzFeed, Inc. shareholders approved Election of Directors at the 2026-06-02 meeting.
“Proposal 1: Election of Directors Janet Rollé and Adam Rothstein were re-elected to the Company’s board of directors as Class II directors, to each serve a three-year term expiring at the 2029 annual meeting of stockholders and until such director’s successor is duly elected and qualified. The results of the election were as follows: Name of Nominee For Withheld Broker Non-Votes Janet Rollé 73,277,359 990,015 17,049,410 Adam Rothstein 73,584,572 682,802 17,049,410”
Equity Issuances
BuzzFeed, Inc. issued 40,000,000 shares of common stock to Allen Family Digital, LLC for $3.00 per share.
“sell to the Investor, 40,000,000 shares (the “Shares”) of the Company’s Class A common stock, par value $0.0001 per share (the “Class A common stock”), at a purchase price of $3.00 per share of Class A common stock, for aggregate consideration of $120.0 million (the “Transaction”), in a transaction exempt from registration under the Securities Act of 1933,”
Material Agreements
BuzzFeed, Inc. entered into Promissory Note with Allen Family Digital, LLC valued at Principal amount of $100.0 million, matures in 2031, interest at annual rate of 5% (effective 2026-05-26).
“On May 26, 2026, in connection with the Closing, the Investor issued the Promissory Note to the Company in the principal amount of $100.0 million. The Promissory Note matures in 2031 and accrues interest at an annual rate of 5%.”
Material Agreements
BuzzFeed, Inc. amended Amendment No. 1 to the Director Appointment Agreement with Jonah Peretti, LLC valued at Amendment to reflect changes relating to the composition of the Board, including expansion to nine d (effective 2026-05-22).
“On May 22, 2026, the Company, the Investor and Jonah Peretti, LLC entered into Amendment No. 1 to the Director Appointment Agreement to reflect certain changes relating to the composition of the Board, including the expansion of the Board to nine directors and the continued service of Gregory Coleman as a member of the Board until a new director is appointed by the Investor following the 2026 annual meeting of the Company’s shareholders.”
Material Agreements
BuzzFeed, Inc. amended Amendment No. 1 to the Stock Purchase Agreement with Allen Family Digital, LLC valued at Amendment to reflect that Gregory Coleman would remain a director after the Closing (effective 2026-05-22).
“On May 22, 2026, the Company and the Investor entered into Amendment No. 1 to the Stock Purchase Agreement to reflect that Gregory Coleman would remain a director after the Closing.”
Material Agreements
BuzzFeed, Inc. entered into Stock Purchase Agreement with Allen Family Digital, LLC valued at 40,000,000 shares of Class A common stock at $3.00 per share for aggregate consideration of $120.0 m (effective 2026-05-11).
“Item 1.01 Entry into a Material Definitive Agreement. As previously disclosed in the Current Report on Form 8-K of BuzzFeed, Inc. (the “Company”) filed with the Securities and Exchange Commission (the “SEC”) on May 11, 2026 (the “Signing 8-K”), on May 11, 2026, the Company entered into a Stock Purchase Agreement (the “Stock Purchase Agreement”) with Allen Family Digital, LLC (the “Investor”), an affiliate of Byron Allen’s family office, pursuant to which the Company agreed to issue and sell to the Investor, 40,000,000 shares (the “Shares”) of the Company’s Class A common stock, par value $0.0001 per share (the “Class A common stock”), at a purchase price of $3.00 per share of Class A common stock, for aggregate consideration of $120.0 million (the “Transaction”), in a transaction exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”). The closing of the Transaction occurred on May 26, 2026 (the “Closing”).”
Earnings Releases
BuzzFeed, Inc. reported first quarter ended March 31, 2026 results: revenue $31.6 million, net income Net loss was $15.1 million.
“BuzzFeed delivered Q1 2026 revenues of $31.6 million”
Material Agreements
BuzzFeed, Inc. entered into Stock Purchase Agreement with Allen Family Digital, LLC valued at $120.0 million (effective 2026-05-11).
“BuzzFeed, Inc. (the "Company") entered into a Stock Purchase Agreement (the "Stock Purchase Agreement") with Allen Family Digital, LLC (the "Investor"), pursuant to which the Company agreed to issue and sell to the Investor, 40,000,000 shares (the "Shares") of the Company's Class A common stock, par value $0.0001 per share (the "Class A common stock"), at a purchase price of $3.00 per share of Class A common stock, for aggregate consideration of $120.0 million”
Terence Hill was appointed as Class III Director at BuzzFeed, Inc..
“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.”
Sydnie Karras was appointed as Class III Director at BuzzFeed, Inc..
“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.”
Eric Gould was appointed as Class III Director at BuzzFeed, Inc..
“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.”
Chris Malone was appointed as Class I Director at BuzzFeed, Inc..
“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.”
Gregory Coleman departed as Director at BuzzFeed, Inc..
“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.”
Byron Allen was appointed as Chief Executive Officer and Chairman at BuzzFeed, Inc..
“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.”
Jonah Peretti departed as Chief Executive Officer at BuzzFeed, Inc..
“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.”
Material Agreements
BuzzFeed, Inc. amended Amendment No. 4 to Credit Agreement with the financial institutions party thereto as lenders and Sound Point Agency LLC, as agent (effective 2026-05-07).
“On May 7, 2026, BuzzFeed, Inc. (the “Company”), BuzzFeed Media Enterprises, Inc., a wholly-owned subsidiary of the Company, and certain of the Company’s other domestic and Canadian subsidiaries as borrowers and guarantors, entered into the Amendment No. 4 to Credit Agreement (the “Fourth Amended Credit Agreement”) with the financial institutions party thereto as lenders (the “Lenders”) and Sound Point Agency LLC, as agent for the Lenders.”
Debt Financings
BuzzFeed, Inc. amended credit facility of $5.0 million with Sound Point Agency LLC as agent and the Lenders maturing May 18, 2026.
“The Fourth Amended Credit Agreement provides for an extension of the $5.0 million due under the Credit Agreement from April 30, 2026 to May 18, 2026.”
Auditor Changes
BuzzFeed, Inc. engaged CBIZ CPAs P.C. as its auditor.
“On April 13, 2026, the Audit Committee approved the engagement of CBIZ CPAs P.C. (“CBIZC”) as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.”
Auditor Changes
BuzzFeed, Inc. dismissed Deloitte & Touche LLP as its auditor.
“On April 13, 2026, the Audit Committee of the Board of Directors (the “Audit Committee”) of BuzzFeed, Inc. (the “Company”) dismissed Deloitte & Touche LLP (“Deloitte”) as the Company’s independent registered public accounting firm.”
Earnings Releases
BuzzFeed, Inc. reported financial results for fourth quarter and full year ended December 31, 2025.
“On March 12, 2026, BuzzFeed, Inc. (the “Company”), issued a press release (the “Press Release”) announcing its financial results for the fourth quarter and full year ended December 31, 2025.”
Debt Financings
BuzzFeed, Inc. amended credit facility with Sound Point Agency LLC.
“On February 27, 2026, the Lenders and the Agent consented to further amend Section 2.05(b)(iii) of the Credit Agreement, by deleting “February 27, 2026” (as previously amended) as the due date of the repayment of the $5.0 million of principal and inserting instead “March 6, 2026” (the “Second Consent Letter”).”
Material Agreements
BuzzFeed, Inc. amended Second Consent Letter with the Lenders and Sound Point Agency LLC, as agent valued at $5.0 million (effective 2026-02-27).
“On February 27, 2026, the Lenders and the Agent consented to further amend Section 2.05(b)(iii) of the Credit Agreement, by deleting “February 27, 2026” (as previously amended) as the due date of the repayment of the $5.0 million of principal and inserting instead “March 6, 2026” (the “Second Consent Letter”).”
Listing & Compliance Notices
BuzzFeed, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).
“March 2, 2026, BuzzFeed, Inc. (the “ Company ”) received a letter (the “ Notice ”) from the Listing Qualifications Department (the “ Staff ”) of The Nasdaq Stock Market LLC (“ Nasdaq ”) notifying the Company that, for the previous 30 consecutive business days, the bid price for the Company’s common stock had closed below the minimum $1.00 per share requirement for continued listing on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2) (the “ Bid Price Requirement ”). The Notice has no effect at this time on the Company’s common stock or warrants, which continue to trade on The Nasd”
Material Agreements
BuzzFeed, Inc. amended Consent Letter with Lenders and Sound Point Agency LLC, as agent for the Lenders valued at $5.0 million (effective 2026-02-20).
“On February 20, 2026, the Lenders and Sound Point Agency LLC, as agent for the Lenders, consented to amend Section 2.05(b)(iii) of the Credit Agreement by deleting “February 20, 2026” as the due date for the repayment of the $5 million of principal and inserting instead “February 27, 2026” (the “Consent Letter”).”
Debt Financings
BuzzFeed, Inc. incurred credit facility of $5.0 million with Sound Point Agency LLC maturing February 20, 2026.
“The Second Amended Credit Agreement provides for an incremental loan commitment amount of $5.0 million, which is required to be repaid in full on February 20, 2026.”
Debt Financings
BuzzFeed, Inc. incurred guarantee with Royal Bank of Canada.
“The lender for both the debt and line of credit is Royal Bank of Canada (“RBC”). The commitment letter governing the aforementioned indebtedness contains customary representations and warranties, security interests in Girls Like Girls Film Inc.’s assets and personal property, reporting covenants, and other covenants.”
Debt Financings
BuzzFeed, Inc. incurred credit facility of $0.4 million with Royal Bank of Canada.
“Girls Like Girls Film Inc. also has available to it a $0.4 million foreign exchange line of credit, of which there is no amount currently outstanding.”
Debt Financings
BuzzFeed, Inc. incurred loan of approximately $4.8 million (CAD $6.6 million) with Royal Bank of Canada.
“Girls Like Girls Film Inc. has debt of approximately $4.8 million (CAD $6.6 million), of which $4.0 million is required to be repaid with proceeds from a contract with a third party for distribution rights for a feature film, and the remaining $0.8 million is due when Girls Like Girls Film Inc. receives expected production tax credits (both repayment dates are currently unknown, but are expected to occur within the next 12 months).”
Debt Financings
BuzzFeed, Inc. incurred loan of $5.2 million with BondIt LLC maturing $2.6 million is due on March 16, 2026, $2.4 million is due on August 14, 2026, and $0.2 million is due on September 14, 2026.
“On June 13, 2025, 2X Blind Partners, Inc. (the “Borrower”), a majority-owned subsidiary of HuffPost Studios Canada Inc., which is an indirectly held subsidiary of BuzzFeed, Inc. (the “Company”), entered into a loan and security agreement with BondIt LLC (the “Lender”), providing for a loan commitment amount of $5.2 million (the “Loan”).”
Debt Financings
BuzzFeed, Inc. incurred term loan of $40.0 million with Sound Point Agency LLC at SOFR, plus 6.5% per annum, subject to a SOFR floor of 3.5% maturing May 23, 2028.
“The Credit Agreement provides for, among other things, an asset-backed term loan (the “Loan”), with a commitment amount of the greater of $40.0 million and a borrowing base calculated as a percentage of the face amount of certain eligible receivables, plus an overadvance amount of up to $20.0 million through August 31, 2026 and thereafter $10.0 million until the second anniversary of the closing date and $5.0 million thereafter. The borrowers borrowed $40.0 million on the closing date. The Loan matures on May 23, 2028, and bears interest at the rate of Secured Overnight Financing Rate (“SOFR”), plus 6.5% per annum, subject to a SOFR floor of 3.5%.”
Restructurings & Charges
BuzzFeed, Inc. announced a restructuring with charges of $1.8 million to $2.0 million affecting HuffPost (approximately 5% reduction in the current workforce).
“in connection with the workforce reduction plan, including severance, outplacement services, and benefits continuation. We estimate that the foregoing charges will range between $1.8 million to $2.0 million, and we expect the charges will be recognized and paid primarily in the first quarter of 2025. The substantial majority of these charges will result in cash”
M&A Transactions
BuzzFeed, Inc. completed a disposition involving FEAST OPCO LLC for $82.5 million (closed 2024-12-11).
“the Purchaser purchased certain assets and assumed certain liabilities related to the business of First We Feast, and, at the Closing, paid a purchase price of $82.5 million”
Daniel Weinstein resigned as Chief Accounting Officer at BuzzFeed, Inc..
“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.”
Earnings Releases
BuzzFeed, Inc. reported financial results for the quarter ended March 31, 2024.
“On May 13, 2024, BuzzFeed, Inc. (the “Company”), issued a press release (the “Press Release”) announcing its financial results for the quarter ended March 31, 2024.”
Governance Changes
BuzzFeed, Inc.: Filed a Certificate of Amendment to effect a 1-for-4 reverse stock split of common stock, effective May 6, 2024 (effective 2024-05-06).
“On April 26, 2024, the Company filed the amendment to the Certificate of Incorporation attached hereto as Exhibit 3.1 with the Secretary of State of the State of Delaware (the “ Certificate of Amendment ”).”
Listing & Compliance Notices
BuzzFeed, Inc. received a nasdaq deficiency notice notice regarding audit committee (rules 5605(c)(2)(A)).
“(the “ Nasdaq Staff ”) that, as a consequence of Mr. Kerins’ failure to seek re-election, following the 2024 Annual Meeting, the audit committee of the Company's board of directors would consist of two members and, as such, that the Company would no longer be in compliance with Nasdaq Listing Rule 5605(c)(2)(A), which requires that the audit committees of listed companies have a minimum of three members that satisfy certain criteria for service on the committee (the “ Nasdaq Audit Committee Requirement ”). As discussed below in”
Earnings Releases
BuzzFeed, Inc. reported financial results for fourth quarter and full year ended December 31, 2023.
“On March 25, 2024, BuzzFeed, Inc. (the “Company”), issued a press release (the “Press Release”) announcing its financial results for the fourth quarter and full year ended December 31, 2023.”
Patrick Kerins departed as Director at BuzzFeed, Inc..
“On March 6, 2024, Mr. Patrick Kerins notified the board of directors that he has decided not to stand for re-election as a director of BuzzFeed, Inc.”
Material Agreements
BuzzFeed, Inc. amended Second Supplemental Indenture with Wilmington Savings Fund Society, FSB valued at Second Supplemental Indenture to 8.50% Convertible Senior Notes due 2026 (effective 2024-02-28).
“On February 28, 2024, BuzzFeed, Inc. (“ BuzzFeed ” or the “ Company ”) entered into a second supplemental indenture (the “ Second Supplemental Indenture ”) among the Company and Wilmington Savings Fund Society, FSB, as trustee (the “ Trustee ”), amending and supplementing the indenture (the “ Indenture ”), dated as of December 3, 2021, as amended and supplemented, providing for the issuance of the Company’s 8.50% Convertible Senior Notes due 2026 (the “ Notes ”).”
Restructurings & Charges
BuzzFeed, Inc. announced a restructuring with charges of $2.5 million to $4.0 million (approximately 16% percent reduction in the current workforce).
“of providing, where required, WARN notice, and severance, including outplacement services and benefits continuation. We estimate that the foregoing charges will range between $2.5 million to $4.0 million, and we expect the charges will be recognized primarily in the first quarter of 2024, with the majority of such charges anticipated to be paid by the end of the”
M&A Transactions
BuzzFeed, Inc. completed a disposition involving Commerce Media Holdings, LLC for $108.6 million (closed 2024-02-21).
“terms of the Agreement, the Purchaser has purchased certain assets and assumed certain liabilities related to the business of Complex Networks for an aggregate purchase price of $108.6 million, which was paid in cash to the Seller at the Closing (as defined in the Agreement), which occurred on the same day as Seller and Purchaser entered into the Agreement. Pursuant to”
Material Agreements
BuzzFeed, Inc. terminated Credit Facility with the lenders valued at $33.8 million (effective 2024-02-21).
“The Company terminated the Credit Facility at Closing concurrently with the repayment of the loans thereunder and paid a termination fee of $500,000”
Material Agreements
BuzzFeed, Inc. entered into Asset Purchase Agreement with Commerce Media Holdings, LLC valued at $108.6 million (effective 2024-02-21).
“(“ BuzzFeed ”), entered into an Asset Purchase Agreement (the “ Agreement ”) with Commerce Media Holdings, LLC, a Delaware limited liability company (the “ Purchaser ”), providing for the sale by the Seller to the Purchaser of certain assets related to the business of Complex Networks (the “ Disposition ”).”
Marcela Martin resigned as President at BuzzFeed, Inc..
“On December 29, 2023, Marcela Martin announced her intention to resign as President of BuzzFeed, Inc. (the “Company”), effective January 12, 2024, in order to pursue other opportunities.”
Listing & Compliance Notices
BuzzFeed, Inc. received a nasdaq extension granted notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
“November 27, 2023, to regain compliance with the Bid Price Requirement. As of the date of this Current Report on Form 8-K, the Company’s common stock has not regained compliance with the Bid Price Requirement. However, upon receipt of both the Company’s application to transfer from the Nasdaq Global Market to the Nasdaq Capital Market and a written notification by the Company of its intent to regain compliance with the Bid Price Requirement, including by effecting a reverse stock split, if necessary, the Staff notified the Company in a letter dated November 28, 2023 (the “ Second Nasdaq Notice”
Listing & Compliance Notices
BuzzFeed, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
“May 31, 2023, the Company received a letter from the Listing Qualifications Department (the “ Staff ”) of the Nasdaq Stock Market LLC (“ Nasdaq ”) notifying the Company that, for the previous 30 consecutive business days, the bid price for the Company’s common stock had closed below the minimum $1.00 per share requirement for continued listing on the Nasdaq Global Market under Nasdaq Listing Rule 5550(a)(2) (the “ Bid Price Requirement ”). In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company was provided an initial period of 180 calendar days, or until November 27, 2023, to regain”
Earnings Releases
BuzzFeed, Inc. reported the third quarter ended September 30, 2023 results: revenue $73.3 million, net income $13.9 million.
“as we work toward building a sustainable long-term model for content creation.” Third Quarter 2023 Financial and Operational Highlights ● BuzzFeed delivered Q3 revenues of $73.3 million, declining 29% compared to the third quarter of 2022 ○ Advertising revenue declined 35% year-over-year to $32.6 million ○ Content revenue declined 32% year-over-year to $26.2”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.