NEW YORK–(COMMERCIAL THREAD) – BuzzFeed, Inc. (“BuzzFeed”), a leading digital media company for the most diverse, online and socially engaged generation the world has ever known, today becomes the first purely digital media company listed on the stock exchange (Nasdaq: BZFD). BuzzFeed, Inc. common stocks and warrants to begin trading today on the Nasdaq under the new ticker symbols “BZFD “and” BZFDW “, respectively. In total, BuzzFeed, Inc.’s list of iconic brands now includes BuzzFeed, BuzzFeed News, newly acquired Complex Networks, HuffPost, Tasty and more.
BuzzFeed, Inc.’s listing comes today after the closing of the business combination with 890 5th Avenue Partners, Inc., a special purpose acquisition company, which closed on Friday, December 3. Also on Friday, BuzzFeed completed the acquisition of global youth entertainment company Complex Networks. BuzzFeed’s investor relations site can be found at investors.buzzfeed.com.
“Today I am grateful to everyone who helped make BuzzFeed the destination for the best things on the internet: video makers, writers, award-winning journalists, internet visionaries – and the most socially engaged and diverse audience the world has ever seen, ”said Jonah Peretti, Founder and CEO of BuzzFeed. “Our next chapter as a public company will help BuzzFeed, Inc. become a hub for more brands and creators, visionary founders and CEOs, high-quality content for technology platforms, and much more. . ”
On its first day of trading today, BuzzFeed, Inc. is bringing the best of the Internet to Wall Street, BuzzFeed style. Highlights of the day will include:
- Quiz: A classic BuzzFeed quiz titled “Don’t rely on this quiz for investment advice”
- Video: A brand new video “The recipe from BuzzFeed Inc.”From Tasty, the world’s largest social food network, bringing together the special ingredients – BuzzFeed, BuzzFeed News, Complex Networks, HuffPost and Tasty – that make up the all-new BuzzFeed, Inc.
- Prize draws: BuzzFeed celebrates with 5 days of freebies for our audience with hundreds of prizes, scheduled to launch when the Nasdaq opening bell rings.
More to come after the bell opening ceremony:
- Photo: An iconic photo of the Nasdaq Bell Ringing, filled with Easter eggs, with nods to a collection of internet moments, memes and celebrities, including: The dress; celebrity cutouts; a watermelon; @dudewithsign (by holding a special message on the day of registration); representatives from BuzzFeed’s world-class news divisions, including a 2021 Pulitzer Prize winner and editor; a sample of BuzzFeed’s iconic food and entertainment brands; and more. (High resolution photos to come and will be available on Getty.)
- Video: A BuzzFeed-style bell ringing ceremony split screen with CEO Jonah Peretti live from Times Square on one side, and a feline member of the famous on the other. Savitsky cats take a tour at 9:30 am ET. (Video coming soon)
- Photo: A takeover of Times Square by BuzzFeed, Inc. (Photos coming soon)
Board members
Following the closing of the business combination of BuzzFeed with 890 5th Avenue Partners Inc. and the acquisition of Complex Networks, the members of the board of directors of BuzzFeed, Inc. are as follows:
Anjula Acharie, Director
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Jeanne Amble, Director and Chairman of the Audit Committee
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Greg Coleman, Director
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Patrick Kerins, Director and Chairman of the Compensation Committee
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Jonas Peretti, CEO and Chairman of the Board of Directors
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Janet Rollé, Director and Chairman of the Nomination, Corporate Governance and Corporate Responsibility Committees
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Adam Rothstein, Director
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About BuzzFeed, Inc.
BuzzFeed, Inc. is home to the best of the Internet. Through food, news, pop culture and commerce, our brands stimulate conversation and inspire what audiences watch, read, buy and then obsess over. Born on the Internet in 2006, BuzzFeed, Inc. is committed to making it better: delivering reliable, quality, brand-safe information and entertainment to hundreds of millions of people; make content on the Internet more inclusive, empathetic and creative; and inspire our audience to live better lives. We will continue to recruit the best Founders and Creators to join us on this mission, with more additions like Complex Networks and HuffPost to come.
Caution regarding forward-looking statements
This communication contains certain forward-looking statements within the meaning of federal securities laws, including statements regarding the business strategy, plans and management objectives of BuzzFeed, Inc. for future operations, including with respect to the effects anticipated from the business combination. and the listing of shares of BuzzFeed, Inc. on the Nasdaq Capital Market. These forward-looking statements are generally identified by the words “believe”, “plan”, “expect”, “anticipate”, “estimate”, “intend”, “strategy”, “future”, “opportunity”. “,” Plan, “” may “,” should “,” will “,” would “,” will “,” continue “,” will probably result “and similar expressions. Forward-looking statements are predictions, projections and other statements regarding future events that are based on current expectations and assumptions and, therefore, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements contained in this communication. You should carefully consider the risks and uncertainties described in the “Risk Factors” section of the Proxy Circular / Prospectus filed by BuzzFeed with the Securities and Exchange Commission (“SEC”) on November 12, 2021, as completed and amended, as well as other documents. filed by BuzzFeed, Inc. from time to time with the SEC. These documents identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in forward-looking statements. Forward-looking statements speak only as of the date on which they are made. Readers are cautioned not to place undue reliance on forward-looking statements, and BuzzFeed, Inc. assumes no obligation and does not intend to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. BuzzFeed, Inc. makes no assurances that it will meet its expectations.
