Reddit said it is correcting the gross proceeds in Item 8.01 of its original report on Form 8-K filed March 25, 2024, which stated $600,021,822.10 and should have read $631,601,918.00. The company said Amendment No. 1 was filed solely to correct this error.

1. 01

   Reddit said it is correcting the gross proceeds in Item 8.01 of its original report on Form 8-K filed March 25, 2024, which stated $600,021,822.10 and should have read $631,601,918.00. The company said Amendment No. 1 was filed solely to correct this error.

2. 02

   The company said it completed its initial public offering of 25,300,000 shares of Class A Common Stock on March 25, 2024, at a public offering price of $34.00 per share.

3. 03

   The company said 18,576,527 of the shares in the offering were sold by the company and 6,723,473 were sold by certain selling stockholders. The figure includes the 3,300,000 additional shares the underwriters exercised their option in full to buy from the company.

4. 04

   The company said the gross proceeds attributable to it from the initial public offering were $631,601,918.00, before deducting underwriting discounts and commissions and estimated offering expenses payable by the company. It said it did not receive any proceeds from the shares sold by the selling stockholders.

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Original filing

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