Liberty Media Corporation Completes Reclassification of Tracking Stocks
04 8월 2023 - 6:25AM
Business Wire
Liberty Media Corporation (“Liberty Media”) (Nasdaq: LSXMA,
LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK) announced it completed,
effective as of 5:00 p.m., New York City time, on August 3, 2023,
the previously announced reclassification of its existing Liberty
SiriusXM common stock and Liberty Formula One common stock into
three new tracking stocks: new Liberty SiriusXM common stock, new
Liberty Formula One common stock and Liberty Live common stock
(each with three series of common stock) (the “Reclassification”).
In the Reclassification,
- each outstanding share of Liberty SiriusXM common stock was
reclassified into one share of the corresponding series of new
Liberty SiriusXM common stock and 0.2500 of a share of the
corresponding series of Liberty Live common stock, and
- each outstanding share of Liberty Formula One common stock was
reclassified into one share of the corresponding series of new
Liberty Formula One common stock and 0.0428 of a share of the
corresponding series of Liberty Live common stock.
Cash will be paid in lieu of any fractional shares of Liberty
Live common stock. Holders of Liberty Media common stock should
contact their broker or other nominee for additional details or
questions regarding cash in lieu payments.
Liberty Media anticipates that the newly issued shares will
commence trading or quotation in the regular way on the Nasdaq
Global Select Market or the OTC Markets, as applicable, on Friday,
August 4, 2023 under the following symbols:
Nasdaq Global Select Market
Tracking Stock
Symbol
Series A Liberty SiriusXM common stock
LSXMA
Series B Liberty SiriusXM common stock
LSXMB
Series C Liberty SiriusXM common stock
LSXMK
Series A Liberty Formula One common
stock
FWONA
Series C Liberty Formula One common
stock
FWONK
Series A Liberty Live common stock
LLYVA
Series C Liberty Live common stock
LLYVK
OTC Markets
Tracking Stock
Symbol
Series B Liberty Formula One common
stock
FWONB
Series B Liberty Live common stock
LLYVB
Effective as of the Reclassification, Liberty Media has
outstanding an aggregate of approximately 25.6 million shares of
Series A Liberty Live common stock, 2.5 million shares of Series B
Liberty Live common stock and 63.6 million shares of Series C
Liberty Live common stock.
Forward-Looking Statements
This communication includes certain forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995, including certain statements relating to the commencement
of trading or quotation, as applicable, of the shares of Liberty
Media common stock. All statements other than statements of
historical fact are “forward-looking statements” for purposes of
federal and state securities laws. These forward-looking statements
generally can be identified by phrases such as “possible,”
“potential,” “intends” or “expects” or other words or phrases of
similar import or future or conditional verbs such as “will,”
“may,” “might,” “should,” “would,” “could,” or similar variations.
These forward-looking statements involve many risks and
uncertainties that could cause actual results to differ materially
from those expressed or implied by such statements. These
forward-looking statements speak only as of the date of this
communication, and Liberty Media expressly disclaims any obligation
or undertaking to disseminate any updates or revisions to any
forward-looking statement contained herein to reflect any change in
Liberty Media’s expectations with regard thereto or any change in
events, conditions or circumstances on which any such statement is
based. Please refer to the publicly filed documents of Liberty
Media, including its Registration Statement on Form S-4 (File No.
333-268921), as amended, and its most recent Forms 10-K and 10-Q,
as such risk factors may be amended, supplemented or superseded
from time to time by other reports Liberty Media subsequently files
with the SEC, for additional information about Liberty Media and
about the risks and uncertainties related to Liberty Media’s
business which may affect the statements made in this
communication.
About Liberty Media Corporation
Liberty Media Corporation operates and owns interests in a broad
range of media, communications and entertainment businesses. Those
businesses are attributed to three tracking stock groups: the
Liberty SiriusXM Group, the Formula One Group and the Liberty Live
Group. The businesses and assets attributed to the Liberty SiriusXM
Group (NASDAQ: LSXMA, LSXMB, LSXMK) include Liberty Media’s
interest in SiriusXM. The businesses and assets attributed to the
Formula One Group (NASDAQ: FWONA, FWONK) include Liberty Media’s
subsidiary Formula 1 and other minority investments. The businesses
and assets attributed to the Liberty Live Group (NASDAQ: LLYVA,
LLYVK) include Liberty Media’s interest in Live Nation and other
minority investments.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230803965472/en/
Liberty Media Corporation Shane Kleinstein,
720-875-5432
Liberty Media (NASDAQ:FWONK)
과거 데이터 주식 차트
부터 4월(4) 2024 으로 5월(5) 2024
Liberty Media (NASDAQ:FWONK)
과거 데이터 주식 차트
부터 5월(5) 2023 으로 5월(5) 2024