Newly Acquired Complex Networks joins BuzzFeed,
BuzzFeed News, HuffPost And Tasty In Slate of Iconic Media
Brands
Combined Company Is Now Known As BuzzFeed, Inc.
And Will Begin Trading On Nasdaq As “BZFD” Today
BuzzFeed, Inc. (“BuzzFeed”), a premier digital media company for
the most diverse, most online, and most socially engaged generation
the world has ever seen, today becomes the first publicly traded
purely digital media company (Nasdaq: BZFD). BuzzFeed, Inc.’s
common stock and warrants will begin trading today on Nasdaq under
the new ticker symbols “BZFD” and “BZFDW,” respectively.
Altogether, BuzzFeed, Inc.’s iconic slate of brands now includes
BuzzFeed, BuzzFeed News, newly acquired Complex Networks, HuffPost,
Tasty and more.
BuzzFeed, Inc.’s listing today comes after the closing of the
business combination with 890 5th Avenue Partners, Inc., a special
purpose acquisition company, which was completed on Friday,
December 3rd. Also Friday, BuzzFeed completed its acquisition of
global youth entertainment company Complex Networks. BuzzFeed’s
Investor Relations site can be found at investors.buzzfeed.com.
“Today I’m grateful to everyone who helped make BuzzFeed the
destination for the best things on the internet: the video
creators, the writers, the award-winning journalists, the internet
visionaries -- and the most socially engaged, diverse audience the
world has ever seen,” said BuzzFeed Founder and CEO Jonah
Peretti. “Our next chapter as a public company will help
BuzzFeed, Inc. become a hub for even more brands and creators,
visionary founders and CEOs, high-quality content for the tech
platforms, and so much more.”
On its first day of trading today, BuzzFeed, Inc. is bringing
the best of the Internet to Wall Street--in true BuzzFeed fashion.
Highlights of the day will include:
- Quiz: A classic BuzzFeed quiz titled, “Do NOT Rely On
This Quiz For Investment Advice”
- Video: A brand new video “The Recipe For 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
brand new BuzzFeed, Inc.
- Sweepstakes: BuzzFeed is celebrating with 5 days of
giveaways for our audience with hundreds of prizes, scheduled to
launch when the Nasdaq opening bell rings.
More to come following the Opening Bell Ceremony:
- Photo: An iconic, easter egg-filled Nasdaq Bell Ringing
Photo, with nods to a collection of Internet moments, memes, and
celebrities, including: The Dress; celebrity cutouts; a watermelon;
@dudewithsign (holding a special listing day message); reps from
BuzzFeed's world class news divisions, including a 2021
Pulitzer-Prize winner and an Editor-in-Chief; a cross-section of
BuzzFeed’s iconic entertainment and food brands; and more. (High
res photos to come and will be available on Getty.)
- Video: A BuzzFeed style Bell Ringing Ceremony
split-screen featuring CEO Jonah Peretti live from Times Square on
one side, and on the other, a feline member of the famed Savitsky
Cats performing a trick at 9:30 AM ET. (Video to come)
- Photo: A BuzzFeed, Inc. Times Square Takeover (Photos to
come)
Board Members
Following the closing of BuzzFeed’s business combination with
890 5th Avenue Partners Inc. and acquisition of Complex Networks,
the members of BuzzFeed, Inc.’s Board of Directors are as
follows:
Anjula Acharia, Director BIO
Joan Amble, Director & Chair of the Audit Committee
BIO
Greg Coleman, Director BIO
Patrick Kerins, Director & Chair of the Compensation
Committee BIO
Jonah Peretti, CEO & Chairman of the Board BIO
Janet Rollé, Director & Chair of the Nominating, Corporate
Governance, and Corporate Responsibility Committees BIO
Adam Rothstein, Director BIO
About BuzzFeed, Inc.
BuzzFeed, Inc. is home to the best of the Internet. Across food,
news, pop culture and commerce, our brands drive conversation and
inspire what audiences watch, read, buy, and obsess over next. Born
on the Internet in 2006, BuzzFeed, Inc. is committed to making it
better: providing trusted, quality, brand-safe news and
entertainment to hundreds of millions of people; making content on
the Internet more inclusive, empathetic, and creative; and
inspiring our audience to live better lives. We'll continue to
recruit the best founders and creators to join us in this mission,
with more additions like Complex Networks and HuffPost to come.
Cautionary Statement Regarding
Forward-Looking Statements
This communication contains certain forward-looking statements
within the meaning of the federal securities laws, including
statements regarding BuzzFeed, Inc.’s business strategy, plans and
objectives of management for future operations, including as they
relate to the anticipated effects of the business combination and
the listing of BuzzFeed, Inc.’s shares on The Nasdaq Capital
Market. These forward-looking statements generally are identified
by the words “believe,” “project,” “expect,” “anticipate,”
“estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,”
“may,” “should,” “will,” “would,” “will be,” “will continue,” “will
likely result,” and similar expressions. Forward-looking statements
are predictions, projections and other statements about future
events that are based on current expectations and assumptions and,
as a result, are subject to risks and uncertainties. Many factors
could cause actual future events to differ materially from the
forward-looking statements in this communication. You should
carefully consider the risks and uncertainties described in the
“Risk Factors” section of the proxy statement/prospectus filed by
BuzzFeed with the Securities and Exchange Commission ("SEC") on
November 12, 2021, as supplemented and amended, and other documents
filed by BuzzFeed, Inc. from time to time with the SEC. These
filings identify and address other important risks and
uncertainties that could cause actual events and results to differ
materially from those contained in the forward-looking statements.
Forward-looking statements speak only as of the date they are made.
Readers are cautioned not to put undue reliance on forward-looking
statements, and BuzzFeed, Inc. assumes no obligation and does not
intend to update or revise these forward-looking statements,
whether as a result of new information, future events, or
otherwise. BuzzFeed, Inc. gives no assurance that it will achieve
its expectations.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20211206005472/en/
Media Contacts Carole Robinson:
carole.robinson@buzzfeed.com Juliana Clifton:
juliana.clifton@buzzfeed.com Shira Mahler:
shira.mahler@buzzfeed.com Matt Mittenthal:
matt.mittenthal@buzzfeed.com pr@buzzfeed.com Investor
Relations Amita Tomkoria, BuzzFeed: ir@buzzfeed.com
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