Liberty Media Corp. Files 8-K Report

TL;DR

Liberty Media filed an 8-K with financial docs, nothing major to see here yet.

AI Summary

On September 4, 2024, Liberty Media Corp. filed an 8-K report. The filing primarily concerns financial statements and exhibits, with no specific material events or transactions detailed in the provided excerpt. The company's principal executive offices are located at 12300 Liberty Boulevard, Englewood, CO 80112.

Why It Matters

This 8-K filing indicates that Liberty Media Corp. is providing updated financial statements and exhibits to the SEC, which is a standard regulatory requirement.

Risk Assessment

Risk Level: low — The filing is a routine 8-K for financial statements and exhibits, not indicating any immediate material changes or risks.

Key Players & Entities

• Liberty Media Corp. (company) — Filer of the 8-K report
• September 4, 2024 (date) — Date of the earliest event reported
• 12300 Liberty Boulevard, Englewood, CO 80112 (address) — Principal executive offices

FAQ

Filing Documents

• tm2422514d9_8k.htm (8-K) — 44KB
• tm2422514d9_ex99-1.htm (EX-99.1) — 12KB
• 0001104659-24-096654.txt ( ) — 306KB
• lmca-20240904.xsd (EX-101.SCH) — 5KB
• lmca-20240904_def.xml (EX-101.DEF) — 28KB
• lmca-20240904_lab.xml (EX-101.LAB) — 39KB
• lmca-20240904_pre.xml (EX-101.PRE) — 27KB
• tm2422514d9_8k_htm.xml (XML) — 11KB

01. Other Events

Item 8.01. Other Events. On September 4 , 2024, Liberty Media Corporation, a Delaware corporation (" Liberty Media "), and Sirius XM Holdings Inc., a Delaware corporation (" Sirius XM "), issued a joint press release announcing that, assuming the requisite conditions to the previously announced redemptive split-off (the " Split-Off ") of Liberty Sirius XM Holdings Inc., a Delaware corporation (" SplitCo "), are satisfied or waived, as applicable, at 4:05 p.m., New York City time, on September 9, 2024, Liberty Media intends to redeem each outstanding share of Liberty Media's Series A, Series B and Series C Liberty SiriusXM common stock in exchange for 0.8375 of a share of common stock of SplitCo, with cash being paid to entitled record holders of Liberty SiriusXM common stock in lieu of any fractional shares of common stock of SplitCo. Additionally, assuming all requisite conditions are satisfied or waived, as applicable, at 6:00 p.m., New York City time, on September 9, 2024, Radio Merger Sub, LLC, a Delaware limited liability company and a wholly owned subsidiary of SplitCo, will merge with and into Sirius XM (the " Merger " and together with the Split-Off, the " Transactions "), with Sirius XM surviving the Merger as a wholly owned subsidiary of SplitCo. Upon consummation of the Merger, each share of common stock of Sirius XM issued and outstanding immediately prior to the effective time of the Merger (other than shares owned by SplitCo and its subsidiaries) will be converted into the right to receive one-tenth (0.1) of a share of SplitCo common stock, with cash being paid to entitled record holders of Sirius XM common stock in lieu of any fractional shares of common stock of SplitCo. As part of the Transactions SplitCo will change its name to Sirius XM Holdings Inc. (" New SiriusXM "). Liberty Media expects that the common stock of New SiriusXM will begin trading on Nasdaq under the ticker symbol "SIRI" as of September 10, 2024. The foregoing description is

Forward-Looking Statements

Forward-Looking Statements This Current Report on Form 8-K includes certain forward-looking and their proposed timing and other matters related to the Transactions. All statements other than statements of historical fact are "forward-looking 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 and the timing of events to differ materially from those expressed or implied by such statements, including, without limitation, the satisfaction of conditions to the Transactions. These forward-looking statements speak only as of the date of this Current Report on Form 8-K, and Liberty Media expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking or circumstances on which any such statement is based. Please refer to the publicly filed documents of Liberty Media, including its definitive proxy statement materials for the special meeting 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 Current Report on Form 8-K. Additional Information Nothing in this

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release, dated September 4 , 2024 104 Cover 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: September 4, 2024 LIBERTY MEDIA CORPORATION By: /s/ Katherine C. Jewell Name: Katherine C. Jewell Title: Vice President and Assistant Secretary

View Full Filing

View this 8-K filing on SEC EDGAR