Vivid Seats Inc (SEAT) Announces 16M Share Secondary Offering

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Vivid Seats Announces Secondary Offering of Class A Common Stock

May 16, 2023 4:01 PM EDT

CHICAGO, May 16, 2023 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (NASDAQ: SEAT) (Vivid Seats or the Company), a leading marketplace that utilizes its technology platform to connect millions of buyers with thousands of ticket sellers across hundreds of thousands of events each year, today announced that Hoya Topco, LLC (the selling stockholder) intends to offer 16,000,000 shares of the Companys Class A common stock (Class A common stock) in a secondary underwritten public offering. The selling stockholder also intends to grant the underwriters a 30-day option to purchase up to an additional 2,400,000 shares of Class A... More