Vivid Seats’ Secondary Offering of Class A Common Stock

Chicago – May 25, 2023 – Cooley advised the underwriters on Vivid Seats’ secondary underwritten public offering of 16,000,000 shares of Class A common stock at a price to the public of $8 per share. The selling stockholder has granted the underwriters a 30-day option to purchase up to an additional 2,400,000 shares of Class A common stock. Partners Christina Roupas and Courtney Tygesson led the Cooley team.

Citigroup and Morgan Stanley acted as joint book-running managers for the offering, with BofA Securities, Deutsche Bank Securities, RBC Capital Markets and William Blair also acting as book-running managers. Canaccord Genuity, D.A. Davidson & Co., Piper Sandler, Raymond James, Academy Securities, Loop Capital Markets, Penserra Securities and Tigress Financial Partners acted as co-managers for the offering.

Founded in 2001, Vivid Seats is a top online ticket marketplace committed to becoming the ultimate partner for connecting fans to live events, artists and teams.

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