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News 2026-09-16 20:24 UTC

BuzzFeed sells 1.7M shares in $1.06 related-party transaction

BuzzFeed entered a share purchase agreement with Allen Family Digital to sell 1,700,000 newly issued Class A shares at $1.06 per share, generating approximately $1.8 million. The purchase is dated September 11, 2026 and was approved by the audit committee and disinterested directors.