Vivid Seats Inc. (NASDAQ: SEAT) is a well-known platform that connects ticket buyers with sellers, facilitating transactions for various events. On August 6, 2025, SEAT underwent a significant change with a reverse stock split at a ratio of 20 for 1. This means that for every 20 shares of SEAT owned, shareholders now have one share. This move is part of the company's strategy to adjust its stock price and share count.
The reverse stock split was officially announced for both Class A and Class B common stock, taking effect at 5:00 p.m. Eastern Time on August 5, 2025. The Class A common stock continues to trade on the Nasdaq Global Select Market under the ticker "SEAT" from August 6, 2025. The new CUSIP number for the Class A common stock post-split is 92854T209. This decision was approved by Vivid Seats' stockholders on July 21, 2025, and the final ratio was determined by the company's Board of Directors.
Currently, SEAT's stock is priced at $28.13. The stock has shown volatility, with today's trading range between $20.17 and $28.39. Over the past year, SEAT has experienced a high of $100 and a low of $19.58. This fluctuation indicates the dynamic nature of the stock market and the impact of strategic decisions like the reverse stock split. Vivid Seats' market capitalization is approximately $7.49 billion, with a trading volume of 226,946 shares. The reverse stock split aims to consolidate shares, potentially making the stock more attractive to investors by increasing the per-share price. This move can also help the company maintain compliance with stock exchange listing requirements, which often have minimum price thresholds.
