BuzzFeed (NASDAQ: BZFD) pushes $5M loan repayment to Feb. 27

Rhea-AI Filing Summary

BuzzFeed, Inc. entered into a consent agreement with its lenders that pushes back a required principal payment under its existing Credit Agreement. The company was scheduled to repay $5.0 million of principal on February 20, 2026. With the new Consent Letter, the due date for this payment is changed to February 27, 2026, giving BuzzFeed an additional week to make the required payment.

The filing notes that if the $5.0 million payment is not made when due on the revised date, and remains unpaid after any applicable cure period, an event of default would occur under the Credit Agreement. In that case, and absent a waiver or further amendment, the lenders would be permitted to exercise contractual remedies as provided in the Credit Agreement.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of report (Date of earliest event reported): February 20, 2026

BuzzFeed, Inc.

(Exact name of registrant as specified in its charter)

Delaware			001-39877			85-3022075
(State or other jurisdiction of  incorporation or organization)			(Commission  File Number)			(I.R.S. Employer  Identification Number)

50 West 23rd Street

New York, New York 10010

(Address of registrant’s principal executive offices, and zip code)

(646) 397-2039

(Registrant’s telephone number, including area code)

Not applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨			Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨			Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨			Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading  Symbol(s)

Name of each exchange  on which registered

Class A Common Stock, $0.0001 par value per share

BZFD

The Nasdaq Stock Market LLC

Redeemable warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of approximately $46.00 per share

BZFDW

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Emerging growth company x

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 1.01 Entry into a Material Definitive Agreement.

Under the Credit Agreement, dated as of May 23, 2025 (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), BuzzFeed, Inc. (the “Company”), BuzzFeed Media Enterprises, Inc., a wholly-owned subsidiary of the Company, and certain of the Company’s other domestic and Canadian subsidiaries as borrowers and guarantors (the “Borrowers”) were required to repay $5.0 million of principal on February 20, 2026 to the financial institutions party thereto (the “Lenders”). On February 20, 2026, the Lenders and Sound Point Agency LLC, as agent for the Lenders, consented to amend Section 2.05(b)(iii) of the Credit Agreement by deleting “February 20, 2026” as the due date for the repayment of the $5 million of principal and inserting instead “February 27, 2026” (the “Consent Letter”).

If the $5.0 million payment is not made when due, and remains unpaid following the expiration of any applicable cure period as defined in the Credit Agreement, an event of default would occur. Such a default, absent a waiver or amendment from the Lender, would permit the Lender to exercise its contractual remedies, subject to the terms and conditions of the Credit Agreement. For further information regarding the Credit Agreement's terms, refer to the Current Report filed on Form 8-K dated May 23, 2025.

The foregoing description of the Consent Letter does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the Consent Letter, which is incorporated herein by reference.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The information set forth in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 2.03.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number						Description
10.1						Consent Letter, dated February 20, 2026.
104						Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURE

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.

Date:			2/24/2026
						BuzzFeed, Inc.
						By:			/s/ Jonah Peretti
									Name: Jonah Peretti
									Title: Chief Executive Officer

FAQ

What change did BuzzFeed (BZFD) disclose regarding its loan payment?

BuzzFeed disclosed that lenders agreed to move a required $5.0 million principal repayment under its Credit Agreement from February 20, 2026 to February 27, 2026, providing a one-week extension on the scheduled debt payment.

How much debt is affected in BuzzFeed’s (BZFD) latest 8-K filing?

The filing covers a required principal repayment of $5.0 million under BuzzFeed’s existing Credit Agreement. The only change disclosed is the due date for this specific payment, shifted from February 20, 2026 to February 27, 2026.

What happens if BuzzFeed (BZFD) misses the rescheduled $5M payment?

If BuzzFeed does not make the $5.0 million principal payment by the new February 27, 2026 due date and it remains unpaid after any applicable cure period, an event of default would occur under the Credit Agreement, allowing lenders to exercise contractual remedies.

Who are the parties involved in BuzzFeed’s (BZFD) Credit Agreement amendment?

The amendment involves BuzzFeed, Inc., certain domestic and Canadian subsidiaries as borrowers and guarantors, the financial institutions acting as lenders, and Sound Point Agency LLC as agent, all consenting to change the scheduled $5.0 million principal repayment date.

Does the BuzzFeed (BZFD) consent letter create a new borrowing?

The consent letter does not create a new borrowing; it modifies an existing Credit Agreement by changing the due date for an already required $5.0 million principal repayment from February 20, 2026 to February 27, 2026.

Where can investors find the full terms of BuzzFeed’s (BZFD) consent letter?

The full text of the Consent Letter, dated February 20, 2026, is filed as Exhibit 10.1 and incorporated by reference. It provides the complete terms of the change to the $5.0 million principal repayment date.

Filing Exhibits & Attachments

5 documents

Agreements & Contracts

• EX-10.1 EX-10.1 37.6 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 3.0 KB
• EX-101 XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT 16.3 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT 30.1 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT 17.1 KB