Vivid Seats Announces Expiration and Results of Exchange Offer and Consent Solicitation Relating to its Public Warrants
The Company has been advised that 11,366,727 public warrants, or approximately 62.7% of the outstanding public warrants, were validly tendered and not validly withdrawn prior to the expiration of the Offer and Consent Solicitation.
- The Company has been advised that 11,366,727 public warrants, or approximately 62.7% of the outstanding public warrants, were validly tendered and not validly withdrawn prior to the expiration of the Offer and Consent Solicitation.
- The Warrant Amendment required the consent of holders of at least 65% of the outstanding public warrants.
- Pursuant to the Consent Solicitation, the Company received the approval of approximately 62.7% of the outstanding public warrants to the Warrant Amendment.
- Certain statements made in this document are forward-looking statements with respect to the Offer and Consent Solicitation, the services offered by Vivid Seats and the markets in which it operates and Vivid Seats projected future results.