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After a challenging 2023, BuzzFeed Inc. will face a series of financial hurdles in the coming months that it will need to navigate deftly to ensure its stability.
The company will see $150 million of debt obligations come due in December in the form of convertible notes it raised in June 2021, according to public filings. It is also at risk of being delisted from the Nasdaq if it cannot boost its stock price before May 28, which would trigger a clause moving that payment date up to July.