STOCK TITAN

LMR discloses 2.44M BuzzFeed warrants; BZFD shows 6.3%

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

BuzzFeed Inc disclosure: the reporting persons state they collectively hold warrants exercisable into 2,444,027 shares of Class A Common Stock as of March 31, 2026, representing approximately 6.3% of Class A shares. The filing notes 36,296,018 shares outstanding as of March 12, 2026 as the basis for the percentage. The warrants are held by LMR Master Fund (1,222,012 warrants) and LMR CCSA Master Fund (1,222,015 warrants).

Positive

  • None.

Negative

  • None.

Insights

LMR reports beneficial ownership via warrants totaling 2,444,027 shares (6.3%).

The Schedule 13G lists that the LMR Investment Managers act as investment managers for funds holding warrants exercisable into 2,444,027 Class A shares; shared voting and dispositive power is reported for that full amount as of March 31, 2026.

Key dependencies include the exercise economics and any transfer restrictions on the warrants; subsequent filings would show exercises or sales and change ownership percentages.

The position is disclosed as warrant-based exposure equal to 6.3% of Class A shares.

The filing quantifies warrants by holder: 1,222,012 and 1,222,015 respectively, summing to 2,444,027 shares issuable on exercise; the percentage uses 36,296,018 shares outstanding as of March 12, 2026.

Market impact depends on whether and when the warrants are exercised and any subsequent dispositions; cash‑flow treatment and exercise terms are not detailed in the excerpt.

Warrants issuable 2,444,027 shares issuable upon exercise as of March 31, 2026
Percent of class <percent>6.3%</percent> based on 36,296,018 shares outstanding as of March 12, 2026
Outstanding shares used 36,296,018 shares shares outstanding as of March 12, 2026 (basis for percentage)
Warrants - LMR Master Fund 1,222,012 warrants held directly by LMR Master Fund
Warrants - LMR CCSA Master Fund 1,222,015 warrants held directly by LMR CCSA Master Fund
warrants financial
"warrants to purchase 1,222,012 shares of Class A Common Stock"
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
beneficially owned regulatory
"Amount beneficially owned: The information required by Items 4(a) - (c)"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
shared dispositive power regulatory
"shared power to dispose or to direct the disposition of: 2,444,027 Class A Common Stock"
Schedule 13G regulatory
"This statement is filed by: ... (collectively, the "Reporting Persons")"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.





12430A300

(CUSIP Number)
03/31/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



LMR Partners LLP
Signature:Shane Cullinane
Name/Title:Chief Operating Officer
Date:05/15/2026
LMR PARTNERS Ltd
Signature:Shane Cullinane
Name/Title:Chief Operating Officer
Date:05/15/2026
LMR Partners LLC
Signature:Allyson Hanlon
Name/Title:Deputy General Counsel
Date:05/15/2026
LMR Partners AG
Signature:Shane Cullinane
Name/Title:Chief Operating Officer
Date:05/15/2026
LMR PARTNERS (DIFC) Ltd
Signature:Shane Cullinane
Name/Title:Chief Operating Officer
Date:05/15/2026
LMR Partners (Ireland) Limited
Signature:Shane Cullinane
Name/Title:Chief Operating Officer
Date:05/15/2026
Ben Levine
Signature:Ben Levine
Name/Title:Self
Date:05/15/2026
Stefan Renold
Signature:Stefan Renold
Name/Title:Self
Date:05/15/2026

FAQ

What stake does LMR report in BuzzFeed (BZFD)?

LMR reports warrants exercisable into 2,444,027 shares, representing 6.3% of Class A Common Stock based on 36,296,018 shares outstanding as of March 12, 2026.

How many warrants does each LMR fund hold in BuzzFeed?

The filing shows LMR Master Fund holds 1,222,012 warrants and LMR CCSA Master Fund holds 1,222,015 warrants, totaling 2,444,027 warrants exercisable into shares.

Do the reporting persons have voting power over the shares?

As of March 31, 2026, the Reporting Persons report 0 sole voting power and shared voting power of 2,444,027 shares, reflecting shared control over voting decisions for those warrants.

What basis was used to calculate the 6.3% stake?

The percentage is calculated using 36,296,018 Class A shares outstanding as of March 12, 2026, plus shares that may be acquired within 60 days, as stated in the filing.

Who are the named reporting persons on the statement?

The filing names the LMR Investment Managers (multiple LMR entities) and individuals Ben Levine and Stefan Renold as ultimately in control of investment and voting decisions for the funds.