https://www.sec.gov/Archives/edgar/data/1713445/000162828024...

Briefly - Users & Moderators will be invited on 6 phased tiers. Accounts created on or before Jan 1st, 2024.

T1 - Users identified by us who have made meaninful contribution to Reddit community programs.

T2 - 200,000 Karma / 5,000 Mod actions

T3 - 100,000 Karma / 2,500 Mod actions

T4 - 50,000 Karma / 1,000 Mod actions

T5 - 25,000 Karma / 500 Mod actions

T6 - All eligible users

Class A Common stock, # and % appears redacted.