Financing ·
BuzzFeed entered into a Share Purchase Agreement with Allen Family Digital, LLC, an affiliate of Byron Allen’s family…
BZFDBuzzFeed, Inc.
BuzzFeed entered into a Share Purchase Agreement with Allen Family Digital, LLC, an affiliate of Byron Allen’s family office, on September 11, 2026. The Purchaser agreed to acquire 1,700,000 newly issued shares of Class A common stock at $1.06 per share, providing approximately $1.8 million in consideration. This price reflects the closing Nasdaq price on September 10, 2026. The transaction qualifies as a related party transaction involving Byron Allen Folks, Chairman of BuzzFeed's Board and Founder/CEO of the Purchaser. Disinterested directors approved the deal as fair to shareholders. BuzzFeed operates in the digital media and entertainment industry.