Liberty Media Files 8-K on Stock Classes and Corporate Info
Ticker: FWONB · Form: 8-K · Filed: Aug 21, 2024 · CIK: 1560385
| Field | Detail |
|---|---|
| Company | Liberty Media CORP (FWONB) |
| Form Type | 8-K |
| Filed Date | Aug 21, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $77.50, $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-disclosure, stock-classes, filing
Related Tickers: LSXM, FWONA, FWONK, LMCK, LMCA
TL;DR
Liberty Media filed an 8-K confirming stock details for its SiriusXM, F1, and Live groups.
AI Summary
On August 20, 2024, Liberty Media Corp. filed an 8-K report detailing various corporate events. The filing includes information related to its common stock classes for Liberty SiriusXM Group, Liberty Formula One Group, and Liberty Live Group. It also confirms the company's principal executive offices are located at 12300 Liberty Boulevard, Englewood, CO 80112.
Why It Matters
This filing provides an update on Liberty Media's corporate structure and stock classes, which is important for investors tracking the company's various holdings.
Risk Assessment
Risk Level: low — The filing is a routine corporate disclosure and does not contain significant new financial or operational risks.
Key Players & Entities
- Liberty Media Corp. (company) — Filer of the 8-K report
- Liberty SiriusXM Group (company) — One of Liberty Media's tracking stock groups
- Liberty Formula One Group (company) — One of Liberty Media's tracking stock groups
- Liberty Live Group (company) — One of Liberty Media's tracking stock groups
- 12300 Liberty Boulevard, Englewood, CO 80112 (location) — Principal executive offices of Liberty Media Corp.
FAQ
What is the primary purpose of this 8-K filing for Liberty Media Corp.?
The primary purpose is to report on corporate events, including details regarding its common stock classes for Liberty SiriusXM Group, Liberty Formula One Group, and Liberty Live Group, and to confirm its principal executive offices.
What specific stock classes are mentioned in relation to Liberty SiriusXM Group?
The filing mentions Liberty SiriusXM Group Common Class A Member, Liberty SiriusXM Group Common Class B Member, and Liberty SiriusXM Group Common Class C Member.
What is the address of Liberty Media Corp.'s principal executive offices?
The principal executive offices are located at 12300 Liberty Boulevard, Englewood, CO 80112.
On what date was this 8-K report filed?
The 8-K report was filed on August 21, 2024.
What other Liberty Media tracking stock groups are detailed in this filing?
In addition to Liberty SiriusXM Group, the filing details Liberty Formula One Group (Common Class A and C Members) and Liberty Live Group (Common Class A and C Members).
Filing Stats: 675 words · 3 min read · ~2 pages · Grade level 10.6 · Accepted 2024-08-21 16:59:31
Key Financial Figures
- $77.50 — mon Stock at a public offering price of $77.50 per share, par value $0.01 per share (t
- $0.01 — ng price of $77.50 per share, par value $0.01 per share (the "Common Stock"). The pr
Filing Documents
- tm2421608d4_8k.htm (8-K) — 38KB
- tm2421608d4_ex1-1.htm (EX-1.1) — 208KB
- tm2421608d4_ex99-1.htm (EX-99.1) — 9KB
- 0001104659-24-091634.txt ( ) — 549KB
- lmca-20240820.xsd (EX-101.SCH) — 5KB
- lmca-20240820_def.xml (EX-101.DEF) — 28KB
- lmca-20240820_lab.xml (EX-101.LAB) — 39KB
- lmca-20240820_pre.xml (EX-101.PRE) — 27KB
- tm2421608d4_8k_htm.xml (XML) — 11KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On August 21, 2024, Liberty Media Corporation ("Liberty Media") issued a press release announcing the pricing of the previously-announced public offering of 10,650,000 shares of its Series C Liberty Formula One Common Stock at a public offering price of $77.50 per share, par value $0.01 per share (the "Common Stock"). The press release attached hereto as Exhibit 99.1 is being furnished to the Securities and Exchange Commission under Item 7.01 of Form 8-K in satisfaction of the public disclosure requirements of Regulation FD and shall not be deemed "filed" for any purpose.
01. Other Events
Item 8.01. Other Events. On August 20, 2024, Liberty Media entered into an underwriting agreement (the "Underwriting Agreement") with Goldman Sachs & Co. LLC (the "Underwriter") pursuant to which Liberty Media agreed to issue and sell 10,650,000 shares of the Common Stock to the Underwriter at a public offering price of $77.50 per share (the "Purchase Price"). Liberty Media also granted the Underwriter a 30-day option to purchase up to an additional 1,597,500 shares of the Common Stock at the Purchase Price. A copy of the Underwriting Agreement is filed as Exhibit 1.1 to this Current Report on Form 8-K and is incorporated herein by reference.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 1.1 Underwriting Agreement, dated August 20, 2024, by and between Liberty Media and the Underwriter 99.1 Press Release, dated August 21, 2024, regarding the pricing of the offering 104 C over Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: August 21, 2024 LIBERTY MEDIA CORPORATION By: /s/ Wade Haufschild Name: Wade Haufschild Title: Senior Vice President