# EDGAR Filing Document

**Accession Number:** 0001337634
**File Stem:** 0001193125-26-094000
**Filing Date:** 2026-3
**Character Count:** 21330
**Document Hash:** 553c4b5faa41e809e33f24dd79cb13ec
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-094000.hdr.sgml**: 20260305

**ACCESSION NUMBER**: 0001193125-26-094000

**CONFORMED SUBMISSION TYPE**: S-8

**PUBLIC DOCUMENT COUNT**: 16

**FILED AS OF DATE**: 20260305

**DATE AS OF CHANGE**: 20260305

**EFFECTIVENESS DATE**: 20260305

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** StubHub Holdings, Inc.
- **CENTRAL INDEX KEY:** 0001337634
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 202082924
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** S-8
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-294049
- **FILM NUMBER:** 26726352

**BUSINESS ADDRESS:**
- **STREET 1:** 175 GREENWICH STREET
- **STREET 2:** 59TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10007
- **BUSINESS PHONE:** (888) 977-5364

**MAIL ADDRESS:**
- **STREET 1:** 175 GREENWICH STREET
- **STREET 2:** 59TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10007

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Pugnacious Endeavors Inc
- **DATE OF NAME CHANGE:** 20050831

**As filed with the Securities and Exchange Commission on March 5, 2026** 

**Registration No. 333-** 

**UNITED STATES** 

**SECURITIES AND EXCHANGE COMMISSION** 

**Washington, D.C. 20549** 

**FORM S-8** 

**REGISTRATION STATEMENT** 

***UNDER***

***THE SECURITIES ACT OF 1933***

## STUBHUB HOLDINGS, INC.
**(Exact name of registrant as specified in its charter)** 

---

| | |
|:---|:---|
| **Delaware** | **20-2082924** |
| **(State or other jurisdiction of**<br> **incorporation or organization)** | **(I.R.S. Employer**<br> **Identification No.)** |

---

**175 Greenwich Street, 59<sup>th</sup> Floor** 

**New York, New York 10007** 

**(Address of principal executive offices, including zip code)** 

**AMENDED AND RESTATED 2022 OMNIBUS INCENTIVE PLAN** 

**2025 EMPLOYEE STOCK PURCHASE PLAN** 

**(Full title of the plan)** 

**Eric H. Baker** 

**Founder and Chief Executive Officer** 

**StubHub Holdings, Inc.** 

**175 Greenwich Street, 59<sup>th</sup> Floor** 

**New York, New York 10007** 

**(888) 977-5364** 

**(Name and address of agent for service)** 

**(Telephone number, including area code, of agent for service)** 

***Copies to:***

---

| | |
|:---|:---|
| **Michael Benjamin**<br> **Tad J. Freese**<br> **Alison A. Haggerty**<br> **Latham & Watkins LLP**<br> **1271 Avenue of the Americas**<br> **New York, New York 10020**<br> **(212) 906-1200** | **Connie James**<br> **Chief Financial Officer**<br> **Mark Streams**<br> **Chief Legal Officer**<br> **StubHub Holdings, Inc.**<br> **175 Greenwich Street, 59<sup>th</sup> Floor**<br> **New York, New York 10007**<br> **(888) 977-5364** |

---

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act.

---

| | | | |
|:---|:---|:---|:---|
| Large accelerated filer | ☐ | Accelerated filer | ☐ |
| Non-accelerated filer | ☒ | Smaller reporting company | ☐ |
|  |  | Emerging growth company | ☐ |

---

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐

------

**EXPLANATORY NOTE** 

StubHub Holdings, Inc. (the "Registrant") is filing this Registration Statement on Form S-8 with the Securities and Exchange Commission (the "SEC") for the purpose of registering an aggregate of 24,941,852 shares of Class A common stock, par value $0.001 per share (the "Class A Common Stock"), including (i) an additional 21,481,146 shares of Class A Common Stock issuable under the Registrant's Amended and Restated 2022 Omnibus Incentive Plan and (ii) an additional 3,460,706 shares of Class A Common Stock issuable under the Registrant's 2025 Employee Stock Purchase Plan, for which the Registrant's Registration Statement on Form S-8 (File No. 333-290313) is effective.

Pursuant to General Instruction E of Form S-8, the contents of the above-referenced prior Registration Statement are incorporated into this Registration Statement by reference to the extent not modified or superseded hereby or by any subsequently filed document, which is incorporated by reference herein or therein.

------

**PART II** 

**INFORMATION REQUIRED IN THE REGISTRATION STATEMENT** 

**Item 3. Incorporation of Documents by Reference.** 

The following documents filed by the Registrant with the SEC are incorporated by reference into this Registration Statement:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The Registrant's Annual Report on [Form 10-K](http://www.sec.gov/Archives/edgar/data/../../../ix?doc=/Archives/edgar/data/1337634/000162828026014844/stub-20251231.htm) for the fiscal year ended December 31, 2025, filed with the SEC on March 4, 2026;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) All other reports filed pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as
amended (the "Exchange Act") since the end of the fiscal year covered by the Registrant's Annual Report on Form 10-K referred to in (a) above; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) The description of the Registrant's Class 
A Common Stock set forth in its Registration Statement on [Form 8-A](http://www.sec.gov/Archives/edgar/data/1337634/000119312525202200/d942359d8a12b.htm) (File No. 001-42846), filed by the Registrant with the SEC under Section 12(b) of the Exchange Act on September 12, 2025, including any amendments or reports filed for the purpose of updating such
description.

All documents filed by the Registrant pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the filing of this Registration Statement and prior to the filing of a post-effective amendment which indicates that all securities offered hereby have been sold or which de-registers all securities then remaining unsold shall be deemed to be incorporated by reference into this Registration Statement and to be a part hereof from the date of filing such documents, except as to specific sections of such statements as set forth therein. Any statement contained in a document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained herein or in any other subsequently filed document which also is incorporated or deemed to be incorporated by reference herein modifies or supersedes such statement. Any statement contained herein shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained in any subsequently filed document which also is incorporated or deemed to be incorporated by reference herein modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.

Under no circumstances shall any information furnished under Item 2.02 or 7.01 of a Current Report on Form 8-K be deemed incorporated herein by reference unless such Current Report on Form 8-K expressly provides to the contrary.

------

**Item 8. Exhibits.** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Exhibit**<br> **Number** | **Exhibit Description** | **Incorporated by Reference** | **Incorporated by Reference** | **Incorporated by Reference** | **Incorporated by Reference** | **Filed**<br> **Herewith** |
| **Exhibit**<br> **Number** | **Exhibit Description** | **Form** | **File No.** | **Exhibit** | **Filing Date** | **Filed**<br> **Herewith** |
| 4.1 | [Amended and Restated Certificate of Incorporation of the Registrant](http://www.sec.gov/Archives/edgar/data/1337634/000119312525207371/d83793dex31.htm) | 8-K | 001-42846 | 3.1 | September 18, 2025 |  |
| 4.2 | [Amended and Restated Bylaws of the Registrant](http://www.sec.gov/Archives/edgar/data/1337634/000119312525207371/d83793dex32.htm) | 8-K | 001-42846 | 3.2 | September 18, 2025 |  |
| 4.3 | [Specimen Stock Certificate of the Registrant evidencing the shares of Class A common stock](http://www.sec.gov/Archives/edgar/data/1337634/000119312525060140/d225849dex42.htm) | S-1 | 333-286000 | 4.2 | March 21, 2025 |  |
| 5.1 | [Opinion of Latham & Watkins LLP](d32175dex51.htm) |  |  |  |  | X |
| 23.1 | [Consent of PricewaterhouseCoopers LLP, independent registered public accounting firm](d32175dex231.htm) |  |  |  |  | X |
| 23.2 | [Consent of Latham & Watkins LLP (included in Exhibit 5.1)](d32175dex51.htm) |  |  |  |  | X |
| 24.1 | [Power of Attorney (see signature page)](#sig) |  |  |  |  | X |
| 99.1 | [Amended and Restated 2022 Omnibus Incentive Plan](http://www.sec.gov/Archives/edgar/data/1337634/000119312525197614/d225849dex1013.htm) | S-1/A | 333-286000 | 10.13 | September 8, 2025 |  |
| 99.2 | [Form of Stock Option Grant Notice and Agreement under Amended and Restated 2022 Omnibus Incentive Plan](http://www.sec.gov/Archives/edgar/data/1337634/000119312525197614/d225849dex1014.htm) | S-1/A | 333-286000 | 10.14 | September 8, 2025 |  |
| 99.3 | [Form of Restricted Stock Unit Grant Notice and Agreement under Amended and Restated 2022 Omnibus Incentive Plan](http://www.sec.gov/Archives/edgar/data/1337634/000119312525205342/d95444dex997.htm) | S-8 | 333-290313 | 99.7 | September 17, 2025 |  |
| 99.4 | [2025 Employee Stock Purchase Plan](http://www.sec.gov/Archives/edgar/data/1337634/000119312525197614/d225849dex1016.htm) | S-1/A | 333-286000 | 10.16 | September 8, 2025 |  |
| 107.1 | [Calculation of Filing Fee Table](d32175dexfilingfees.htm) |  |  |  |  | X |

---

------

**SIGNATURES** 

Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of New York, State of New York, on March 5, 2026.

---

| | |
|:---|:---|
| **STUBHUB HOLDINGS, INC.** | **STUBHUB HOLDINGS, INC.** |
| By: | /s/ Eric H. Baker |
| Name:<br> Title: | Eric H. Baker<br> Founder and Chief Executive Officer |

---

------

**SIGNATURES AND POWER OF ATTORNEY** 

We, the undersigned officers and directors of StubHub Holdings, Inc., hereby severally constitute and appoint Eric H. Baker, Connie James and Mark Streams, and each of them singly (with full power to each of them to act alone), our true and lawful attorneys-in-fact and agents, with full power of substitution and resubstitution in each of them for him or her and in his or her name, place and stead, and in any and all capacities, to sign any and all amendments (including post-effective amendments) to this Registration Statement (or any other registration statement for the same offering that is to be effective upon filing pursuant to Rule 462(b) under the Securities Act of 1933), and to file the same, with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite or necessary to be done in and about the premises, as full to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents or any of them, or their or his or her substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities held on the dates indicated.

---

| | | |
|:---|:---|:---|
| **Signature** | **Title** | **Date** |
| /s/ Eric H. Baker | Founder, Chairman and Chief Executive Officer (Principal Executive Officer) | March 5, 2026 |
| Eric H. Baker | Founder, Chairman and Chief Executive Officer (Principal Executive Officer) | March 5, 2026 |
| /s/ Connie James | Chief Financial Officer<br> (Principal Financial Officer) | March 5, 2026 |
| Connie James | Chief Financial Officer<br> (Principal Financial Officer) | March 5, 2026 |
| /s/ Scott Fitzgerald | Principal Accounting Officer | March 5, 2026 |
| Scott Fitzgerald | Principal Accounting Officer | March 5, 2026 |
| /s/ Mark Streams | Executive Vice Chairman, Chief Legal Officer and Director | March 5, 2026 |
| Mark Streams | Executive Vice Chairman, Chief Legal Officer and Director | March 5, 2026 |
| /s/ Sameer Bhargava | Director | March 5, 2026 |
| Sameer Bhargava | Director | March 5, 2026 |
| /s/ Jeffrey Blackburn | Director | March 5, 2026 |
| Jeffrey Blackburn | Director | March 5, 2026 |
| /s/ Rajini Sundar Kodialam | Director | March 5, 2026 |
| Rajini Sundar Kodialam | Director | March 5, 2026 |
| /s/ Jeremy Levine | Director | March 5, 2026 |
| Jeremy Levine | Director | March 5, 2026 |
| /s/ Thomas A. Patterson | Director | March 5, 2026 |
| Thomas A. Patterson | Director | March 5, 2026 |

---

## Exhibit 5.1

**Exhibit 5.1** 

---

| | | |
|:---|:---|:---|
|  | 1271 Avenue of the Americas | 1271 Avenue of the Americas |
|  | New York, New York 10020-1401 | New York, New York 10020-1401 |
|  | Tel: +1.212.906.1200 Fax: +1.212.751.4864 | Tel: +1.212.906.1200 Fax: +1.212.751.4864 |
|  | www.lw.com | www.lw.com |
| ![LOGO](g32175dsp12.jpg) | FIRM / AFFILIATE OFFICES | FIRM / AFFILIATE OFFICES |
| ![LOGO](g32175dsp12.jpg) | Austin | Milan |
| ![LOGO](g32175dsp12.jpg) | Beijing | Munich |
|  | Boston | New York |
|  | Brussels | Orange County |
|  | Chicago | Paris |
| March 5, 2026 | Dubai | Riyadh |
|  | Düsseldorf | San Diego |
|  | Frankfurt | San Francisco |
|  | Hamburg | Seoul |
|  | Hong Kong | Silicon Valley |
| StubHub Holdings, Inc. | Houston | Singapore |
| 175 Greenwich Street, 59<sup>th</sup> Floor | London | Tel Aviv |
| New York, New York 10007 | Los Angeles | Tokyo |
|  | Madrid | Washington, D.C. |

---

Re: Registration Statement on Form S-8

To the addressee set forth above:

We have acted as special counsel to StubHub Holdings, Inc., a Delaware corporation (the "***Company***"), in connection with the preparation and filing by the Company on the date hereof with the Securities and Exchange Commission (the "***Commission***") of a registration statement on Form S–8 (the "***Registration Statement***") under the Securities Act of 1933, as amended (the "***Act***"), relating to the issuance of up to 24,941,852 shares (the "***Shares***") of the Company's Class A common stock, $0.001 par value per share (the "***Class A Common Stock***"), including (i) up to 21,481,146 shares of Class A Common Stock, which may be issued pursuant to the Company's Amended and Restated 2022 Omnibus Incentive Plan (the "***2022 Plan***") and (ii) up to 3,460,706 shares of Class A Common Stock, which may be issued pursuant to the Company's 2025 Employee Stock Purchase Plan (together with the 2022 Plan, the "***Plans***"). This opinion is being furnished in connection with the requirements of Item 601(b)(5) of Regulation S-K under the Act, and no opinion is expressed herein as to any matter pertaining to the contents of the Registration Statement or related prospectus, other than as expressly stated herein with respect to the issue of the Shares.

As such counsel, we have examined such matters of fact and questions of law as we have considered appropriate for purposes of this letter. With your consent, we have relied upon certificates and other assurances of officers of the Company and others as to factual matters without having independently verified such factual matters. We are opining herein as to the General Corporation Law of the State of Delaware, and we express no opinion with respect to any other laws.

Subject to the foregoing and the other matters set forth herein, it is our opinion that, as of the date hereof, when the Shares shall have been duly registered on the books of the transfer agent and registrar therefor in the name or on behalf of the purchasers and have been issued by the Company for legal consideration of not less than par value in the circumstances contemplated by the Plans, assuming in each case that the individual issuances, grants or awards under the Plans are duly authorized by all necessary corporate action and duly issued, granted or awarded

------

 **March 5, 2026** 

 **Page 2**![LOGO](g32175dsp13.jpg)

and exercised in accordance with the requirements of law and the applicable Plan (and the agreements duly adopted thereunder and in accordance therewith), the issue and sale of the Shares will have been duly authorized by all necessary corporate action of the Company, and the Shares will be validly issued, fully paid and non-assessable. In rendering the foregoing opinion, we have assumed that the Company will comply with all applicable notice requirements regarding uncertificated shares provided in the General Corporation Law of the State of Delaware.

This opinion is for your benefit in connection with the Registration Statement and may be relied upon by you and by persons entitled to rely upon it pursuant to the applicable provisions of the Act. We consent to your filing this opinion as an exhibit to the Registration Statement. In giving such consent, we do not thereby admit that we are in the category of persons whose consent is required under Section 7 of the Act or the rules and regulations of the Commission thereunder.

---

| |
|:---|
| Sincerely, |
| /s/ Latham & Watkins LLP |

---

## Exhibit 23.1

**Exhibit 23.1** 

CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We hereby consent to the incorporation by reference in this Registration Statement on Form S-8 of StubHub Holdings, Inc. of our report dated March 4, 2026 relating to the financial statements, which appears in StubHub Holdings, Inc.'s Annual Report on Form 10-K for the year ended December 31, 2025.

/s/ PricewaterhouseCoopers LLP

San Jose, California

March 5, 2026

## Ex-Filing

?xml version='1.0' encoding='ASCII'? EX-FILING FEES

---

| |
|:---|
| **Calculation of Filing Fee Tables**  |
| &nbsp;&nbsp;&nbsp;&nbsp;**S-8**  |
| &nbsp;&nbsp;&nbsp;&nbsp;**StubHub Holdings, Inc.**  |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **Security Type**  | **Security Class Title**  | **Fee Calculation Rule**  | **Amount Registered**  | **Proposed Maximum Offering Price Per Unit**  | **Maximum Aggregate Offering Price**  | **Fee Rate**  | **Amount of Registration Fee**  |
| 1 | Equity | Class A Common Stock reserved for issuance pursuant to the Registrant's Amended and Restated 2022 Omnibus Incentive Plan (the "2022 Plan") | Other | 21481146 | $9.33 | $200419092.18 | 0.0001381 | $27677.88 |
| 2 | Equity | Class A Common Stock reserved for issuance pursuant to the Registrant's 2025 Employee Stock Purchase Plan (the "ESPP") | Other | 3460706 | $9.33 | $32288386.98 | 0.0001381 | $4459.03 |
| Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: |  | $232707479.16  |  | $32136.91  |
| Total Fee Offsets:  | Total Fee Offsets:  | Total Fee Offsets:  | Total Fee Offsets:  | Total Fee Offsets:  |  |  |  | $0.00  |
| Net Fee Due:  | Net Fee Due:  | Net Fee Due:  | Net Fee Due:  | Net Fee Due:  |  |  |  | $32136.91  |

---

 **Offering Note** <br>

<sup>1</sup> (a) Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the "Securities Act"), this registration statement shall also cover any additional shares of Class A common stock, par value $0.001 per share (the "Class A Common Stock"), that become issuable under the above-named plans, by reason of any stock dividend, stock split, recapitalization, or other similar transaction effected that results in an increase to the number of outstanding shares of Class A Common Stock; (b) represents an additional 21,481,146 shares of Class A common stock issuable under the 2022 Plan; and (c) estimated solely for the purpose of calculating the registration fee pursuant to Rules 457(c) and (h) under the Securities Act based on the average of the high and low prices for the Class A Common Stock reported by the New York Stock Exchange on February 27, 2026.

<sup>2</sup> (a) See note 1(a); (b) represents an additional 3,460,706 shares of Class A common stock issuable under the ESPP; and (c) estimated solely for the purpose of calculating the registration fee pursuant to Rules 457(c) and (h) under the Securities Act based on the average of the high and low prices for the Class A Common Stock reported by the New York Stock Exchange on February 27, 2026.

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| | |
|:---|:---|
| | |
| **Rule 457(p)** | **Rule 457(p)** |
| Fee Offset Claims | N/A |
| Fee Offset Sources | N/A |

---