Seaport Entertainment Group Enters Material Definitive Agreement

TL;DR

Seaport Entertainment Group signed a big deal on 12/15/25. Details TBD.

AI Summary

Seaport Entertainment Group Inc. entered into a material definitive agreement on December 15, 2025. The company, headquartered at The Seaport, 199 Water Street, 28th Floor, New York, NY 10038, filed its 8-K report on December 17, 2025. Specific details of the agreement were not disclosed in the provided text.

Why It Matters

This filing indicates a significant new contract or partnership for Seaport Entertainment Group, which could impact its future operations and financial performance.

Risk Assessment

Risk Level: medium — The lack of specific details about the material definitive agreement introduces uncertainty regarding its terms and potential impact.

Key Players & Entities

• Seaport Entertainment Group Inc. (company) — Registrant
• December 15, 2025 (date) — Date of earliest event reported
• December 17, 2025 (date) — Date of report filing
• 199 Water Street, 28th Floor, New York, NY 10038 (address) — Principal executive offices

FAQ

Key Financial Figures

• $0.01 — ch registered Common stock, par value $0.01 per share SEG NYSE Indicate by ch
• $152.0 million — Street has been increased to a total of $152.0 million. Notwithstanding the foregoing, the s

Filing Documents

• seg-20251215x8k.htm (8-K) — 42KB
• seg-20251215xex10d1.htm (EX-10.1) — 55KB
• 0001104659-25-122063.txt ( ) — 219KB
• seg-20251215.xsd (EX-101.SCH) — 3KB
• seg-20251215_lab.xml (EX-101.LAB) — 16KB
• seg-20251215_pre.xml (EX-101.PRE) — 11KB
• seg-20251215x8k_htm.xml (XML) — 5KB

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement. As previously reported, on August 15, 2025, 250 Seaport District, LLC (the "Seller"), a subsidiary of Seaport Entertainment Group Inc. (the "Company"), entered into a Purchase and Sale Agreement (the "Agreement") with 250 Water Street Owner LLC (the "Buyer") for the sale of a mixed-use development project located at 250 Water Street ("250 Water Street"). The Buyer is an affiliate of Tavros Holdings LLC, a privately owned real estate investment management and development firm based in New York City. The Buyer does not have any material relationship with the Company or its affiliates, other than in respect of the Agreement. On December 15, 2025, the Seller and the Buyer entered into a First Amendment to the Agreement (the "Amendment") to provide that, among other things and notwithstanding anything to the contrary contained in the Agreement, the date of the closing of the transactions contemplated under the Agreement (the "Closing Date") will be January 28, 2026, and the Buyer will have no further right to extend or adjourn the Closing Date. The Buyer will have the right to request acceleration of the closing prior to such extended Closing Date; provided that the Seller will not be obligated to close prior to January 28, 2026. As a result of the Buyer previously electing to exercise certain provisions in the Agreement to extend the date of the closing of the transactions contemplated under the Agreement, the sale price for 250 Water Street has been increased to a total of $152.0 million. Notwithstanding the foregoing, the sale of 250 Water Street is subject to certain closing conditions, which are not currently satisfied. Accordingly, there can be no assurances that the sale of 250 Water Street will be completed on the terms or timing described in this Current Report on Form 8-K, or at all. The foregoing description of the Amendment is not complete and is qualified in its entirety by reference to the full

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 10.1 First Amendment to Purchase Agreement, made and entered into effective as of December 15, 2025, by and between 250 Seaport District, LLC and 250 Water Street Owner LLC 104 Cover Page Interactive Data File (the cover page tags are embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: December 17, 2025 SEAPORT ENTERTAINMENT GROUP INC. By: /s/ Lucy Fato Name: Lucy Fato Title: EVP, General Counsel & Corporate Secretary

View Full Filing

View this 8-K filing on SEC EDGAR