Playboy repurchases Fortress stake for USD 17.4 million at USD 1.05 per share
Playboy Inc.
Playboy Inc. PLBY | 0.00 |
- Playboy agreed to repurchase 16,600,000 shares from Fortress at USD 1.05 each, valuing the deal at about USD 17.4 million.
- The privately negotiated buyback covers Fortress’s entire stake, representing nearly 15% of outstanding shares, priced at a 28% discount to market value.
- Payment includes USD 2 million upfront, with about USD 15.4 million due in three installments through Dec. 31, 2026.
- Rizvi Traverse Management affiliate, Byborg affiliate The Million will backstop any shares not purchased by Playboy on the same terms.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Playboy Inc. published the original content used to generate this news brief on June 22, 2026, and is solely responsible for the information contained therein.
