Jennifer Cabalquinto
On June 3, 2026, the Board of Directors (the “Board”) of Playboy, Inc. (the “Company”) appointed Jennifer Cabalquinto to the Board, as a new, non-employee, independent Class I director.
Highest-materiality recent filing
Playboy to repurchase 16.6M shares from Fortress at $1.05, 28% discount to market
Repurchasing 16.6M shares (14.9% of outstanding) from Fortress affiliates at $1.05/share, total ~$17.4M.
Doubled Adjusted EBITDA YoY in Q1 2026; five consecutive quarters of positive Adjusted EBITDA.
Playboy appoints Jennifer Cabalquinto as independent director, regains Nasdaq compliance
Appointed Jennifer Cabalquinto as independent Class I director, effective June 3, 2026.
Playboy amends Miami lease and leases additional floor space through 2037
Original lease amended: delivery date moved to Jan 1, 2027; term extended to Nov 30, 2037; rent abated from Jan–Jul 2027 then escalates from $176,479/month.
Playboy Q1 2026 revenue $30.2M (+5% YoY); net loss narrows to $4.0M; Adj. EBITDA $5.0M (+111%)
Revenue of $30.2M, up 5% YoY; DTC revenue $18.8M (+15%) from Honey Birdette; licensing $10.9M (-5%).
Playboy grants 1.32M RSUs to CEO, CFO, GC, and President under retention agreements
CEO Ben Kohn receives 645,161 RSUs; CFO Marc Crossman, GC Chris Riley, and President David Miller each receive 225,806 RSUs.
Playboy dismisses BDO as auditor, engages RSM; cites unremediated material weaknesses
Dismissed BDO as independent auditor on March 26, 2026; engaged RSM on March 31, 2026.
Playboy closes initial 16.67% China JV sale to UTG for $15M, pays down debt
Initial closing on March 20, 2026: UTG acquired 16.67% equity in China JV for $15M.
Playboy details debt reduction plan and strategic growth pillars; targets $105M debt by Q1 2028
China licensing JV: sells 50% for $45M cash plus $67M guaranteed distributions and $10M brand support.
Playboy Q4 revenue $34.9M, net income $3.6M; UTG China deal $122M
Q4 revenue $34.9M (+4% YoY); net income $3.6M vs $12.5M loss; adjusted EBITDA $7.1M.
Playboy Q4 2025 prelim: rev $34-35M, net income $2.5-3.5M vs loss $12.5M
Revenue expected $34-35M vs $33.5M in Q4 2024; licensing strength and UTG joint venture cited.
Playboy appoints David Miller as President, Playboy, Media & Brand, effective Feb 23, 2026
David Miller previously EVP & GM of National Geographic Media (2018-2025).
Playboy sells 50% of China business to UTG for $45M, expects $122M total payments
Sale of 50% interest in China JV to UTG Brands for $45M payable over 2 years; $9M deposit paid.
Playboy independent director resigns; temporary Nasdaq non-compliance for board majority
Natalia Premovic resigned from Board on Dec 15, 2025, for personal reasons; no disagreement cited.
Playboy posts investor presentation on website; no material new info disclosed
Presentation available on investors.playboy.com; no financial results or guidance provided.
Playboy posts Q3 net income of $0.5M, first since IPO; adjusted EBITDA $4.1M, licensing +61%
Net income of $0.5M ($0.00 EPS) vs net loss of $33.8M in Q3 2024; first net income quarter since going public.
Playboy wins arbitration against ex-licensee New Handong, awarded $81M
Tribunal ruled PEII's termination of New Handong license lawful; orders ~$81M payment for royalties, termination fee, and marketing expenses.
Converted remaining 21,000.00001 Series B shares into 12,439,730 common shares at $1.74448 per share.
Licensing revenue more than doubled to $10.9M (+105% YoY) driven by $5M in minimum guaranteed royalties and new partners.
Playboy appoints Natalia Premovic as independent director; board now majority independent
Natalia Premovic appointed independent Class III director effective Aug 4, 2025; board expands to 7 directors, 4 independent.
Playboy completes name change, increases authorized shares to 400M
Corporate name changed from PLBY Group, Inc. to Playboy, Inc., effective June 25, 2025.
PLBY shareholders reject second tranche of Byborg investment; approve name change to Playboy
Nasdaq Proposal (issuance of 16.96M shares at $1.50 to The Million S.a.r.l.) rejected: 30.5M against vs 17.9M for.
PLBY enters retention agreements with CEO, CFO, GC; awards 1.7M RSUs total
CEO Ben Kohn receives 1,000,000 RSUs; CFO Marc Crossman and GC Chris Riley receive 350,000 RSUs each.
PLBY Group Q1 2025 revenue $28.9M, net loss narrows to $9.0M, adj. EBITDA turns positive
Revenue $28.9M (+2% YoY); licensing rev. $11.4M (+175% YoY) on Byborg deal and China rebuild.
PLBY cancels special meeting for $25.4M stock issuance; defers to annual meeting
Special meeting to approve 16.96M share issuance at $1.50/share cancelled due to lack of quorum.
PLBY Group adjourns special meeting due to lack of quorum; reconvenes April 17, 2025
Special meeting adjourned on March 20, 2025 because insufficient shares were present to constitute a quorum.
PLBY Group posts investor presentation; no new financial details disclosed
Filed 8-K on March 17, 2025 to announce investor presentation on company website.
PLBY Group Q4 revenue $33.5M, net loss $12.5M; signs $300M Byborg licensing deal
Q4 revenue $33.5M vs $39.4M YoY; full-year revenue $116.1M vs $143.0M.
PLBY Group appoints Gyorgy Gattyan to board; Nasdaq noncompliance triggered, cure period to Aug 2025
Board expanded from five to seven directors; Gattyan appointed as Class II director effective Feb 11, 2025.
PLBY converts 25% of Series B preferred into common at $1.85/share as part of deleveraging
Converted 7,000 Series B Convertible Preferred shares into 3,784,688 common shares at $1.84956 per share.
PLBY Group retains Honey Birdette; guides FY2025 revenue ~$120M, cash flow positive
Company decides to retain Honey Birdette after improved balance sheet from Byborg license agreement.
PLBY Group retains CEO, CFO, GC with multi-year RSU grants through 2027
Retention agreements with CEO Ben Kohn, CFO Marc Crossman, and GC Chris Riley executed Dec 23, 2024.
Byborg to operate Playboy Plus, Playboy TV, and Playboy Club under exclusive 15-year license; minimum guaranteed royalties of $20M/year ($300M total) plus 25% net profit share.
PLBY Group regains Nasdaq minimum bid price compliance after cure
Received Nasdaq confirmation on December 3, 2024, that bid price deficiency is cured.
Issued 28,000 shares of Series B Convertible Preferred Stock in exchange for $6.4M Tranche A and $58.9M Tranche B loans.
PLBY Group Q3 revenue down 21% to $12.9M; signs deal to reduce senior debt by $66M
Q3 revenue $12.9M, down 21% YoY; licensing revenue $7.4M, down 32% due to termination of two China licensees.
PLBY Group closes $22.35M private placement, issues 14.9M shares at $1.50/share
Sold 14.9M newly issued shares to Byborg Enterprises affiliate at $1.50/share for $22.35M total.
Byborg to purchase 14.9M shares of PLBY at $1.50 per share, raising $22.35M in gross proceeds.
PLBY Group Board unanimously rejects Cooper Hefner's unsolicited bid for Playboy assets
Board unanimously rejected unsolicited, non-binding offer from Cooper Hefner and Hefner Capital for Playboy assets.
PLBY Group posts investor presentation; no material updates in 8-K
Company made an investor presentation available on its website on September 11, 2024.
PLBY Group enters ATM equity offering agreement for up to $15M with Roth Capital
Sales Agreement with Roth Capital Partners allows sale of up to $15M of common stock via at-the-market offerings.
Revenue $24.9M vs $35.1M YoY; licensing revenue fell 49% to $5.3M due to China licensee terminations.
PLBY Group enters global condom license with Thai Nippon Rubber, settles lawsuit
Multi-year license grants TNR rights to design, produce, and distribute Playboy-branded condoms and lubricants globally.
Common stock bid price below $1.00 for 32 consecutive business days, triggering Nasdaq deficiency letter.
PLBY Group stockholders elect directors, ratify auditor, approve say-on-pay at 2024 annual meeting
Ben Kohn and Suhail Rizvi elected as Class I directors with 26.6M and 26.3M votes for, respectively.
PLBY Group Q1 net loss narrows 55% to $16.4M; new China deal with $37M minimum royalties
Revenue $28.3M, down 20% YoY; net loss from continuing ops $16.4M vs $36.3M prior year.
Q4 revenue $39.4M down 12% YoY; net loss from continuing ops $9.6M incl. $8.3M impairments.
Restatement corrects impairment of a Chinese license contract; should have reduced deferred revenue, not recorded impairment expense.
PLBY Group regains Nasdaq minimum bid price compliance after cure period
Received letter from Nasdaq on Jan 10, 2024 confirming cure of bid price deficiency.
PLBY Group Q3 revenue down 27% to $33.3M; net loss $16.4M, adj EBITDA $0.1M
Total revenue $33.3M vs $45.7M in Q3'22; licensing down 27% to $10.9M, DTC down 34%.
On June 3, 2026, the Board of Directors (the “Board”) of Playboy, Inc. (the “Company”) appointed Jennifer Cabalquinto to the Board, as a new, non-employee, independent Class I director.
On February 11, 2025, the Board expanded the size of the Board from five to seven directors (the “Board Expansion”) and appointed Gyorgy Gattyan, Byborg’s designee to the Board, as a new Class II director.
Effective as of Mr. Beuting’s departure, Marc Crossman will assume the responsibility of the Company’s principal accounting officer, in addition to his current positions as Chief Financial Officer and Chief Operating Officer of the Company.
On October 9, 2023, Florus Beuting, Chief Accounting Officer of PLBY Group, Inc. (the “Company”), informed the Company of his intent to resign from his position with the Company and all of its subsidiaries, effective as of the end of business on November 3, 2023, to pursue another opportunity.
As a result of Mr. Crossman’s succession as Chief Financial Officer, Mr. Barton will serve as a strategic advisor of the Company to assist with an orderly transition until his previously disclosed departure.
On March 22, 2023, PLBY Group, Inc. (the “Company”) appointed Marc Crossman as Chief Financial Officer and Chief Operating Officer of the Company, effective as of March 22, 2023 (the “Effective Date”).
On March 16, 2023, PLBY Group, Inc. (the “Company”) announced that Lance Barton, the Company’s Chief Financial Officer, will depart from his roles at the Company and its subsidiaries by June 30, 2023.
On March 28, 2022, the Board of Directors (the “Board”) of PLBY Group, Inc. (the “Company”) appointed Juliana F. Hill, effective immediately, (i) as a Class II director to fill a vacancy on the Board, and (ii) to serve as the Chairperson of the Board’s Audit Committee and as a member of the Compensation Committee and the Corporate Governance and Nominating Committee of the Board.
Max materiality 0.90 · Median 0.65 · Most common event other_material