BuzzFeed sells 4M shares to Allen Family Digital for $5.76M
BuzzFeed agreed to sell 4 million Class A shares at $1.44 per share to Allen Family Digital LLC, comprising 2.17M newly issued shares and 1.83M treasury shares. The transaction represents a capital raise for the struggling digital media company.
AI-generated summary for informational purposes only. Always verify against the original filing. Not investment advice. BriefTape is not a registered investment adviser.
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