Vivid Seats Announces Pricing of Secondary Offering of Class A Common Stock

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May 18, 2023

CHICAGO, May 17, 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 the pricing of a secondary underwritten public offering of 16,000,000 shares of the Company’s Class A common stock (“Class A common stock”) by Hoya Topco, LLC (the “selling stockholder”) at a price to the public of $8.00 per share. The selling stockholder has granted the underwriters a 30-day option to purchase up to an additional 2,400,000 shares of Class A common stock. All of the shares in the offering will be sold by the selling stockholder.