On September 11, 2026 BuzzFeed Enters Into Share Purchase Agreement For Sale Of 1.7M Newly Issued Class A Shares To Allen Family Digital At A Price Of $1.06/Share, For Total Consideration Of $1.8M; Four Disinterested Directors Approve Agreement As Fair And Reasonable To Buzzfeed
On September 11, 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
BuzzFeed is selling new shares to raise about $1.8 million in cash. This shows the company needs money right now, so watch if they can grow their business with it.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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