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1014 BuzzFeed Warns On Convertible Notes

The Information
Sahil Patel @ The Information · 11/12/2024 17:49 EDT

BuzzFeed Warns On Convertible Notes

BuzzFeed warned investors that it doesn’t have enough cash to cover the nearly $120 million it expects it will have to pay convertible note holders back in the coming weeks, saying it will have to renegotiate terms or try to find other financing. CEO Jonah Peretti said the company will share an ...

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