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Vivid Seats Inc is an online ticket marketplace connecting fans to live events and artists. It is the official ticketing partner of various entertainment brands offering tickets for sports, concerts, theaters, and comedy events in the US, Canada, and Japan. The company operates in two segments: marketplace and resale. Vivid Seats recently earned six placements on Built In's Best Places to Work list, highlighting their dedication to creating a positive work culture and empowering employees. CEO Stan Chia emphasizes the importance of inclusive, high-performance culture focused on empowerment, collaboration, and innovation. Additionally, Vivid Seats prioritizes sustainability and corporate responsibility in their business strategy, demonstrating commitment to exceptional experiences for all stakeholders. The company's 2024 ESG Fact Sheet showcases notable achievements in environmental, social, and governance efforts. Founded in 2001, Vivid Seats is dedicated to becoming the ultimate partner for live event experiences, offering a wide selection of tickets and industry-leading rewards program.
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Vivid Seats Inc. and Hopper release the 2024 Big Game Travel Guide, revealing that the upcoming game at Allegiant Stadium in Las Vegas is the hottest Big Game ticket in over 15 years. Vivid Seats' Fan Forecast® predicts a 60% crowd advantage for the San Francisco 49ers, with Chiefs fans making up 40%. Ticket prices on Vivid Seats average $8,776 with the best 'get-in' deal at $5,406. Airfares to Las Vegas for the Big Game weekend have surged over 200% in the last two weeks.
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Vivid Seats Inc. (NASDAQ: SEAT) has earned six placements on Built In's 2024 Best Places to Work list, including U.S. Best Places to Work, U.S. Best Midsize Places to Work, Dallas, TX Best Places to Work, Dallas, TX Best Midsize Places to Work, Chicago, IL Best Places to Work, and Chicago, IL Best Midsize Places to Work. This recognition highlights the company's culture and benefits for its team.
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Vivid Seats (NASDAQ: SEAT) announces a strategic partnership with Stockperks to amplify retail ownership of its stock and offer exclusive perks to shareholders. The collaboration includes a 20% discount code for event tickets and 2,000 Vivid Seats Game Center tokens for shareholders who leverage the Stockperks app. Lawrence Fey, CFO of Vivid Seats, and Agnies Watson, President and Co-Founder of Stockperks, express excitement for the partnership.
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Vivid Seats Inc. (NASDAQ: SEAT) partners with AEG to become the official secondary ticketing marketplace partner of the LA Kings (NHL) and the LA Galaxy (MLS), offering fans exclusive access to premium seating areas, enhanced game-day experiences, and loyalty rewards through the Vivid Seats Rewards program.
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Vivid Seats Inc. (NASDAQ: SEAT) announced the closing of a secondary offering of 20,500,000 shares of its Class A common stock from Hoya Topco, LLC. The sale included 18,500,000 shares offered to the public at $6.50 per share and an additional 2,000,000 shares purchased by Vivid Seats from the underwriters at $6.24 per share. The underwriters' option to purchase an additional 3,075,000 shares was exercised, bringing the total offering size to 23,575,000 shares.
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Vivid Seats Inc. (NASDAQ: SEAT) announced the pricing of a secondary underwritten public offering of 18,500,000 shares of the Company’s Class A common stock at $6.50 per share. The Company also agreed to purchase an incremental 2,000,000 shares of Class A common stock from the underwriters, bringing the total offering size to 20,500,000 shares. The offering is expected to close on December 12, 2023.
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Vivid Seats Inc. (NASDAQ: SEAT) announced a secondary underwritten public offering of 18,500,000 shares of the Company’s Class A common stock by the selling stockholder, with an option for underwriters to purchase an additional 2,775,000 shares. The Company will not receive any proceeds from the sale. Citigroup, Morgan Stanley, and BofA Securities are serving as joint book-running managers for the proposed offering.
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Vivid Seats Inc. (SEAT) will be presenting at UBS’s Global Technology Conference on November 29, 2023. The company is a leading marketplace connecting buyers with ticket sellers for hundreds of thousands of events annually.
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Vivid Seats Inc. has announced the acquisition of Vegas.com in a cash and stock transaction valued at approximately $240 million. This acquisition will enhance Vivid Seats' scale and reach in the entertainment market, particularly in Las Vegas, and increase its total addressable market by over $6 billion.
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Vivid Seats Inc. reported a 28% increase in Marketplace GOV, reaching $998.9 million, and a 20% increase in revenues, totaling $188.1 million, for the third quarter of 2023. Despite a 15% decrease in net income, Adjusted EBITDA grew by 18% to $33.4 million. The company raised its 2023 guidance, expecting Marketplace GOV between $3.75 billion and $3.90 billion, revenues between $685.0 million and $705.0 million, and Adjusted EBITDA between $136.0 million and $142.0 million. For 2024, Vivid Seats anticipates Marketplace GOV between $4.20 billion and $4.50 billion, revenues between $810.0 million and $840.0 million, and Adjusted EBITDA between $170.0 million and $180.0 million.
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FAQ
What is the current stock price of Vivid Seats Warrant (seatw)?
The current stock price of Vivid Seats Warrant (seatw) is $0.2 as of December 23, 2024.
What does Vivid Seats Inc do?
Vivid Seats Inc is an online ticket marketplace that connects fans to live events and artists. It offers tickets for sports, concerts, theaters, and comedy events in the US, Canada, and Japan.
What segments does Vivid Seats operate in?
Vivid Seats operates in two segments: marketplace and resale.
What recent achievement did Vivid Seats have?
Vivid Seats recently earned six placements on Built In's Best Places to Work list, emphasizing their commitment to creating a positive work culture and providing compelling employee experiences.
How does Vivid Seats prioritize sustainability?
Vivid Seats prioritizes sustainability and corporate responsibility in their business strategy, demonstrating ongoing support for employees, customers, and communities.
When was Vivid Seats founded?
Vivid Seats was founded in 2001.
Who is the CEO of Vivid Seats?
Stan Chia is the CEO of Vivid Seats.
What is the ultimate goal of Vivid Seats?
Vivid Seats aims to become the ultimate partner for connecting fans to live events, artists, and teams they love, offering a wide selection of tickets and a leading rewards program.
Which brands has Vivid Seats partnered with?
Vivid Seats is the official ticketing partner of major entertainment brands like ESPN, Rolling Stone, and the Los Angeles Clippers.
Where can fans find tickets on Vivid Seats?
Fans can access tickets on Vivid Seats through their mobile app, website (vividseats.com), or by calling 866-848-8499.
What recognition has Vivid Seats received?
Vivid Seats has been recognized by Newsweek as one of America's Best Companies for Customer Service in ticketing.
Vivid Seats Inc. Warrant
Nasdaq:SEATW
SEATW Rankings
SEATW Stock Data
131.43M
Internet Content & Information
Services-miscellaneous Amusement & Recreation
United States of America
CHICAGO