{"url_path":"/sec/sstpw/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 Unregistered Sales of Equity Securities and Use of Proceeds","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-12","source_url":"https://www.sec.gov/Archives/edgar/data/1805833/0001805833-26-000026-index.html","accession_number":"0001805833-26-000026","cik":"0001805833","ticker":"SST","issuer_name":"System1, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1805833/0001805833-26-000026-index.html","primary_entity_key":"0001805833","primary_entity_name":"System1, Inc."},"word_count":170,"has_tables":true,"body_markdown":"Item 2. Unregistered Sales of Equity Securities and Use of Proceeds\n\nRecent Sales of Unregistered Equity Securities\n\nNone.\n\nIssuer Purchases of Equity Securities\n\n2022 Repurchase Program\n\nOn August 11 2022, our Board of Directors authorized and we announced up to $25.0 million for the repurchase of our Class A common stock and Warrants (the \"2022 Repurchase Program\"). The 2022 Repurchase Program does not expire. During the first quarter of 2025 there were no repurchases of Class A common stock and Warrants. The following table provides certain information with respect to our purchases of Class A common stock during the first quarter of 2026:\n\nPeriod\n\nTotal Number of Shares Purchased\n\nAverage Price Paid per Share\n\nTotal Number of Shares Purchased as Part of Publicly Announced Plans or Programs\n\nApproximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs\n\n(in thousands)\n\nJanuary\n\n24,680\n\n$\n\n4.33 \n\n24,680 \n\n$\n\n22,686 \n\nFebruary\n\n17,523\n\n3.57 \n\n17,523\n\n$\n\n22,730 \n\nMarch\n\n10,637\n\n2.89 \n\n10,637\n\n$\n\n22,762 \n\nTotal Repurchases\n\n52,840\n\n$\n\n3.79 \n\n52,840\n\n26"}