Vivid Seats Announces Reverse Stock Split

Core Points - Vivid Seats Inc. announced a 1-for-20 reverse stock split of its Class A and Class B common stock, effective at 5:00 p.m. Eastern Time on August 5, 2025, with trading on a split-adjusted basis starting on August 6, 2025 [1][2] - The reverse stock split was approved by stockholders on July 21, 2025, and will combine every 20 shares of common stock into one share, with fractional shares being compensated in cash [2] - The reverse stock split will not affect stockholders' percentage ownership or voting power, except for fractional shares, and all outstanding warrants and equity-based awards will be proportionately adjusted [2] Company Information - Vivid Seats, founded in 2001, is a leading online ticket marketplace that connects fans with live events, artists, and teams, emphasizing the belief that everyone should "Experience It Live" [5] - The company offers a wide selection of events and tickets in North America and features an industry-leading rewards program where fans earn on every purchase [5] - Vivid Seats has been recognized by Newsweek as one of America's Best Companies for Customer Service in ticketing [5]