Reddit Files 8-K: Bylaws, Financials Updated
Ticker: RDDT · Form: 8-K · Filed: Mar 25, 2024 · CIK: 1713445
Sentiment: neutral
Topics: corporate-governance, filing, financials
Related Tickers: RDDT
TL;DR
Reddit filed an 8-K on 3/25/24 updating bylaws and financials.
AI Summary
On March 25, 2024, Reddit, Inc. filed an 8-K report detailing amendments to its articles of incorporation and bylaws. The filing also includes information on other events and financial statements, with its principal executive offices located at 303 2nd Street, South Tower, 5th Floor, San Francisco, California.
Why It Matters
This filing provides crucial updates on Reddit's corporate governance and financial reporting, which are important for investors to understand the company's structure and performance.
Risk Assessment
Risk Level: low — This is a routine corporate filing with standard information and no immediate material changes indicated.
Key Numbers
- 415-494-8016 — Registrant's telephone number (Contact information for Reddit, Inc.)
Key Players & Entities
- Reddit, Inc. (company) — Registrant
- March 25, 2024 (date) — Date of Report
- 303 2nd Street, South Tower, 5th Floor San Francisco, California 94107 (location) — Principal executive offices
- Delaware (location) — State of incorporation
- 001-41983 (other) — Commission File Number
FAQ
What specific amendments were made to Reddit's articles of incorporation and bylaws?
The filing indicates amendments were made but does not specify the exact changes within the provided text.
What is the purpose of filing an 8-K on March 25, 2024?
The 8-K filing on March 25, 2024, is to report amendments to articles of incorporation or bylaws, other events, and financial statements and exhibits.
Where are Reddit, Inc.'s principal executive offices located?
Reddit, Inc.'s principal executive offices are located at 303 2nd Street, South Tower, 5th Floor, San Francisco, California 94107.
What is Reddit, Inc.'s state of incorporation?
Reddit, Inc. is incorporated in Delaware.
What is the Commission File Number for Reddit, Inc.?
The Commission File Number for Reddit, Inc. is 001-41983.
Filing Stats: 743 words · 3 min read · ~2 pages · Grade level 11.8 · Accepted 2024-03-25 16:05:16
Key Financial Figures
- $0.0001 — hich registered Class A common stock, $0.0001 par value per share RDDT The New York S
- $34.00 — ommon Stock at a price to the public of $34.00 per share, 18,576,527 of which shares w
- $600,021,822 — y from the initial public offering were $600,021,822.10, before deducting underwriting disco
Filing Documents
- reddit-8xk.htm (8-K) — 26KB
- exhibit31-8xk.htm (EX-3.1) — 167KB
- exhibit32-8xk.htm (EX-3.2) — 257KB
- 0001628280-24-012880.txt ( ) — 451KB
03 Amendments to Articles of Incorporation or Bylaws Change in Fiscal Year
Item 5.03 Amendments to Articles of Incorporation or Bylaws Change in Fiscal Year. On March 25, 2024, Reddit, Inc. (the "Company") filed its amended and restated certificate of incorporation (the "Certificate of Incorporation") with the Secretary of State of the State of Delaware and its amended and restated bylaws (the "Bylaws") became effective in connection with the closing of the initial public offering of shares of the Company's Class A common stock, par value $0.0001 per share (the "Class A Common Stock"). As described in the final prospectus, dated March 20, 2024 (the "Prospectus"), relating to the Registration Statement on Form S-1 (File No. 333-277256), as amended, filed with the Securities and Exchange Commission on March 21, 2024, pursuant to Rule 424(b) under the Securities Act of 1933, as amended, the Company's board of directors and stockholders previously approved the amendment and restatement of these documents to be effective immediately prior to the closing of the Company's initial public offering. A description of certain provisions of the Certificate of Incorporation and the Bylaws is set forth in the section titled "Description of Capital Stock" in the Prospectus. The foregoing description of the Certificate of Incorporation and the Bylaws is qualified in its entirety by reference to (1) the Certificate of Incorporation filed as Exhibit 3.1 hereto and (2) the Bylaws filed as Exhibit 3.2 hereto, each of which is incorporated herein by reference.
01 Other Events
Item 8.01 Other Events. On March 25, 2024, the Company completed its initial public offering of an aggregate of 25,300,000 shares of Class A Common Stock at a price to the public of $34.00 per share, 18,576,527 of which shares were sold by the Company and 6,723,473 of which shares were sold by certain selling stockholders, which includes the exercise in full by the underwriters of their option to purchase from the Company an additional 3,300,000 shares of Class A Common Stock. The gross proceeds to the Company from the initial public offering were $600,021,822.10, before deducting underwriting discounts and commissions and estimated offering expenses payable by the Company. The Company did not receive any proceeds from the sale of shares of Class A Common Stock in the offering by the selling stockholders.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) The following exhibits are being filed herewith Exhibit No. Description 3.1 Amended and Restated Certificate of Incorporation of Reddit, Inc. 3.2 Amended and Restated Bylaws of Reddit, Inc.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. REDDIT, INC. Date March 25, 2024 By s Steven Huffman Steven Huffman President and Chief Executive Officer