BuzzFeed sells 4,300,000 unregistered shares to Allen Family Digital for $4.7 million

BZFD•2026-09-29

BuzzFeed agreed to sell Allen Family Digital 4.3 million new Class A shares for about $4.7 million, or $1.09 per share.

1. Share purchase agreement

BuzzFeed entered into the share purchase agreement on Sept. 23, 2026, for a private placement of 4.3 million new Class A shares. The unregistered sale relied on a Section 4(a)(2) exemption under the Securities Act. The deal was treated as a related-party transaction because of Byron Allen Folks’ roles, and he recused himself from board action.

Sources

BuzzFeed sells 4,300,000 unregistered shares to Allen Family Digital for $4.7 million

Sec

BuzzFeed sells 4,300,000 unregistered shares to Allen Family Digital for $4.7 million

1. Share purchase agreement

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Sources

BuzzFeed sells 4,300,000 unregistered shares to Allen Family Digital for $4.7 million

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