Liberty Media CORP 8-K Filing
Ticker: FWONB · Form: 8-K · Filed: Dec 10, 2025 · CIK: 1560385
| Field | Detail |
|---|---|
| Company | Liberty Media CORP (FWONB) |
| Form Type | 8-K |
| Filed Date | Dec 10, 2025 |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
FAQ
What type of filing is this?
This is a 8-K filing submitted by Liberty Media CORP (ticker: FWONB) to the SEC on Dec 10, 2025.
What are the key financial figures in this filing?
Key dollar amounts include: $0.01 (rty Formula One common stock, par value $0.01 per share (" FWONB "), into shares of t).
How long is this filing?
Liberty Media CORP's 8-K filing is 3 pages with approximately 923 words. Estimated reading time is 4 minutes.
Where can I view the full 8-K filing?
The complete filing is available on SEC EDGAR. You can also read the AI-decoded analysis with risk assessment and key highlights on ReadTheFiling.
Filing Stats: 923 words · 4 min read · ~3 pages · Grade level 11.9 · Accepted 2025-12-10 17:18:10
Key Financial Figures
- $0.01 — rty Formula One common stock, par value $0.01 per share (" FWONB "), into shares of t
Filing Documents
- tm2521571d8_8k.htm (8-K) — 32KB
- 0001104659-25-120020.txt ( ) — 249KB
- lmca-20251208.xsd (EX-101.SCH) — 4KB
- lmca-20251208_def.xml (EX-101.DEF) — 27KB
- lmca-20251208_lab.xml (EX-101.LAB) — 37KB
- lmca-20251208_pre.xml (EX-101.PRE) — 26KB
- tm2521571d8_8k_htm.xml (XML) — 7KB
02 Unregistered Sales of Equity Securities
Item 3.02 Unregistered Sales of Equity Securities. As previously disclosed, on July 28, 2021, Liberty Media Corporation (the " Company ") entered into an exchange agreement (the " Exchange Agreement "), by and among the Company, its Chairman of the Board, John C. Malone (" Mr. Malone "), and a revocable trust of which Mr. Malone is the sole trustee and beneficiary (the " JM Trust " and together with Mr. Malone, the " Malone Group "), whereby, among other things, Mr. Malone agreed to an arrangement under which his aggregate voting power in the Company would not exceed 49% (the " Target Voting Power ") plus 0.5% (under certain circumstances). In particular, pursuant to the Exchange Agreement, in connection with any event that would result in a reduction in the outstanding votes of any of the Company's tracking stock groups (each, a " Group ") or an increase of Mr. Malone's beneficially-owned voting power in any Group (other than a Voting Power Exchange (as defined in the Exchange Agreement)) (an " Accretive Event "), in each case, such that Mr. Malone's voting power with respect to such Group would exceed the Target Voting Power plus 0.5%, Mr. Malone or the JM Trust will be required to exchange with the Company shares of Series B common stock of such Group for an equal number of shares of Series C common stock of the same Group so as to maintain Mr. Malone's voting power with respect to such Group as close as possible to, without exceeding, the Target Voting Power, on the terms and subject to the conditions of the Exchange Agreement (the " Reverse Exchange "). The Company has requested the Malone Group to consummate, and the Malone Group has agreed to consummate, a Reverse Exchange such that, immediately following such Reverse Exchange, the Malone Group's outstanding voting power of Liberty Formula One common stock will be reduced to be as close as possible to being equal to, but without being greater than, 49.0%. Pursuant to the foregoing and in light of the fact