{"url_path":"/sec/bzfd/8-k/2026-06-22/item-1-01","section_key":"item-1-01","section_title":"Item 1.01 Entry into a Material Definitive Agreement.","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-22","source_url":"https://www.sec.gov/Archives/edgar/data/1828972/0001828972-26-000102-index.html","accession_number":"0001828972-26-000102","cik":"0001828972","ticker":"BZFD","issuer_name":"BuzzFeed, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1828972/0001828972-26-000102-index.html","primary_entity_key":"0001828972","primary_entity_name":"BuzzFeed, Inc."},"word_count":220,"has_tables":true,"body_markdown":"Item 1.01 Entry into a Material Definitive Agreement.\n\nOn June 17, 2026, BuzzFeed, Inc. (the “Company”) entered into a Share Purchase Agreement (the “Agreement”) with Allen Family Digital, LLC (the “Purchaser”), an affiliate of Byron Allen’s family office, pursuant to which the Purchaser agreed to purchase 4,000,000 shares of the Company’s Class A common stock (the “Shares”), consisting of 2,173,155 newly issued shares and 1,826,845 treasury shares. The Purchaser paid a price of $1.44 per share, which represents the closing price on June 15, 2026 as reported by The Nasdaq Stock Market LLC. The Company received aggregate proceeds of approximately $5.8 million on June 17, 2026.\n\nAdditionally, on June 17, 2026, the Company entered into a second Share Purchase Agreement (the “Second Agreement”) with certain individual purchasers, pursuant to which the Company agreed to sell a cumulative 216,999 shares of the Company’s Class A common stock, also at a price of $1.44 per share.\n\nThe Agreement and the Second Agreement were approved by the Company’s board of directors.\n\nThe foregoing description of the Agreement and the Second Agreement does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the Agreement and the Second Agreement, which are attached hereto as Exhibits 10.1 and 10.2, respectively, and are incorporated herein by reference."}