{"id":4419,"date":"2023-05-18T08:33:24","date_gmt":"2023-05-18T15:33:24","guid":{"rendered":"https:\/\/blog.goticketly.com\/index.php\/2023\/05\/18\/vivid-seats-stockholder-hoya-topco-puts-16-million-shares-up-for-sale\/"},"modified":"2023-05-18T08:33:24","modified_gmt":"2023-05-18T15:33:24","slug":"vivid-seats-stockholder-hoya-topco-puts-16-million-shares-up-for-sale","status":"publish","type":"post","link":"https:\/\/blog.goticketly.com\/index.php\/2023\/05\/18\/vivid-seats-stockholder-hoya-topco-puts-16-million-shares-up-for-sale\/","title":{"rendered":"Vivid Seats stockholder Hoya Topco puts 16 million shares up for sale"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div id=\"primary\">\n<p class=\"standfirst\">Vivid Seats has announced the pricing of a secondary underwritten public offering of 16 million shares of the Company\u2019s Class A common stock by stockholder Hoya Topco, at price to the public of $8 (\u00a36\/\u20ac7).<\/p>\n<p>The stockholder has also granted the underwriters a 30-day option to purchase up to an additional 2.4 million shares of Class A common stock.<\/p>\n<p>Citigroup and Morgan Stanley are set to serve as joint book-running managers for the offering, while BofA Securities, Deutsche Bank Securities, RBC Capital Markets and William Blair will also serve as book-running managers.<\/p>\n<p>Canaccord Genuity, DA Davidson and Co, Piper Sandler, Raymond James, Academy Securities, Loop Capital Markets, Penserra Securities and Tigress Financial Partners will serve as co-managers.<\/p>\n<p>The shares are being offered pursuant to a registration statement on Form S-1, including a prospectus, that was declared effective by the Securities and Exchange Commission (SEC) in the US.<\/p>\n<p>The offering is expected to close on May 22, with Vivid Seats not set to receive any proceeds from the sale of the shares by the selling stockholder.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>\t\t\t\t\t\t\t<!-- \n\n<div class=\"tax-cat-tags\">\n\t\t\t\t\t\t\t\t\n\n<div class=\"col-sm-6 tax-cat\">\n\t\t\t\t\t\t\t\t\t\n\n<p class=\"\">Filed under<\/p>\n\n\n\n\t\t\t\t\t\t\t\t\t<button class=\"btn\" >Awards<\/button>|<button class=\"btn\" >Ticketing<\/button>\n\n\t\t\t\t\t\t\t\t<\/div>\n\n\n\n\t\t\t\t\t\t\t\t\n\n<div class=\"col-sm-6 tax-tags\">\n\t\t\t\t\t\t\t\t\t\n\n<p class=\"\">Tags<\/p>\n\n\n\t\t\t\t\t\t\t\t\t<button class=\"btn\" >Ticketing<\/button>|<button class=\"btn\" >Stadiums<\/button>\n\t\t\t\t\t\t\t\t<\/div>\n\n\n\t\t\t\t\t\t\t<\/div>\n\n --><\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.theticketingbusiness.com\/2023\/05\/18\/vivid-seats-stockholder-hoya-topco-puts-16-million-shares-up-for-sale\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Vivid Seats has announced the pricing of a secondary underwritten public offering of 16 million shares of the Company\u2019s Class A common stock by stockholder Hoya Topco, at price to the public of $8 (\u00a36\/\u20ac7). The stockholder has also granted the underwriters a 30-day option to purchase up to an additional 2.4 million shares &hellip; <\/p>\n","protected":false},"author":1,"featured_media":4420,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[144,4598,1372,4599,342],"tags":[],"class_list":["post-4419","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","category-hoya-topco","category-market","category-stockholder","category-vivid-seats"],"_links":{"self":[{"href":"https:\/\/blog.goticketly.com\/index.php\/wp-json\/wp\/v2\/posts\/4419","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.goticketly.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.goticketly.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.goticketly.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.goticketly.com\/index.php\/wp-json\/wp\/v2\/comments?post=4419"}],"version-history":[{"count":0,"href":"https:\/\/blog.goticketly.com\/index.php\/wp-json\/wp\/v2\/posts\/4419\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.goticketly.com\/index.php\/wp-json\/wp\/v2\/media\/4420"}],"wp:attachment":[{"href":"https:\/\/blog.goticketly.com\/index.php\/wp-json\/wp\/v2\/media?parent=4419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.goticketly.com\/index.php\/wp-json\/wp\/v2\/categories?post=4419"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.goticketly.com\/index.php\/wp-json\/wp\/v2\/tags?post=4419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}