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Subsequent Events
12 Months Ended
Dec. 31, 2023
Subsequent Events [Abstract]  
Subsequent Events

23. Subsequent Events

 

Soho Works Limited Loan
In 2017, Soho Works Limited ("SWL") entered into a term loan facility agreement for a £
40 million term loan facility. The SWL loan bears interest at 7% and originally matured on September 29, 2022. Since this date it has been subject to annual extensions. Most recently in February 2024 this loan was extended by a further 12 months from the prior extension in March 2023 to September 29, 2025.

 

Share issuances and grants of share awards

Between January and March 2024, the Company issued a total of 431,831 shares of Class A common stock as a result of RSU awards vesting and SAR exercises.

 

In January 2024, the Company granted 148,212 RSU awards.

 

Share buyback

On February 9, 2024, the Company announced that the Board had approved a new $50 million share repurchase authorization.