Has The Time Arrived To Buy This Penny Stock-SEAT

Acrobull UK Advisory Services Ltd.

December 02			2024
Name	Ticker	Sector/Industry		Market Cap	Risk Factor
Vivid Seats Inc.	SEAT-NASDAQ	Communication Services		$718.8 Million	Medium

Vivid Seats Inc. operates an online ticket marketplace in the United States, Canada, and Japan. The company operates in two segments, Marketplace and Resale.

Recent Highlights

Increase in Total Assets- The company has reported third quarter 2024 financial results and reported increase in total assets which reflects commitment from the management.

We expect the company to report better financial results in the next quarter.

Third Quarter 2024 Financial Highlights

Demand remains robust with continued industry strength in sports and theater categories

Q3 concert supply faced difficult comps with mix away from stadium tours

Delivered strong unit economics, unlocked synergies from Vegas.com and began onboarding Skybox Drive users

Anticipate concert supply dynamics returning to long-term trajectory and improving relative to Q3 trends

Stock Observation-The company has reported average financial results in the third quarter of 2024 and overall reflected increase in total assets, however right entry point is needed to buy the stock. The RSI level for the stock is at 45 which shows oversold conditions.

Risk Involved- Financial performance of the company may have an impact on the company stock performance.

Considering all the factors and financials of the company Acrobull UK maintains Watch Rating for the stock.

Disclaimer- Though our research is fundamentally and technically based on Acrobull UK only provides general advice on the stocks and it is imperative for the investors to do the risk assessment for themselves before investing as Acrobull UK would not be liable for any loss or profit arising out through the investment made by the investors on our recommendations.

It is also advisable for the investors to consult with Financial Advisor, Broker or to seek any legal assistance as the research conducted by Acrobull UK is factually based and recommendations are given in accordance with that, but it is imperative to understand that Acrobull UK does not guarantee returns.

Acrobull UK Recommendation Based on Evaluation

Current Market Price	$3.58 USD
Acrobull Recommendation	Watch, Buy at $3.47 USD
Target Price	Target $3.99 USD
RSI Level	14 Day RSI 43
Total Shares Outstanding	131.52 Million
Shares held by Insiders Risk Factor Stop Loss	14.79% Medium 5%