Sirius XM Holdings Files 8-K Report

TL;DR

Sirius XM filed an 8-K, likely with financial updates. Keep an eye out.

AI Summary

On September 4, 2024, Sirius XM Holdings Inc. filed an 8-K report. The filing primarily concerns "Other Events" and "Financial Statements and Exhibits," indicating updates or disclosures related to the company's financial status and significant business occurrences. No specific financial figures or new events were detailed in the provided text excerpt.

Why It Matters

This filing signals that Sirius XM Holdings Inc. is providing updated information to the SEC, which could include material events or financial disclosures relevant to investors.

Risk Assessment

Risk Level: low — The filing is a standard 8-K report, which typically contains routine disclosures rather than immediate, high-impact news.

Key Players & Entities

• SIRIUS XM HOLDINGS INC. (company) — Registrant
• 0001104659-24-096655 (filing_id) — Accession Number
• September 4, 2024 (date) — Report Date

FAQ

Key Financial Figures

• $0.001 — ch registered Common Stock, par value $0.001 per share SIRI The Nasdaq Stock Marke

Filing Documents

• tm2422920d1_8k.htm (8-K) — 35KB
• tm2422920d1_ex99-1.htm (EX-99.1) — 12KB
• 0001104659-24-096655.txt ( ) — 224KB
• siri-20240904.xsd (EX-101.SCH) — 3KB
• siri-20240904_lab.xml (EX-101.LAB) — 33KB
• siri-20240904_pre.xml (EX-101.PRE) — 22KB
• tm2422920d1_8k_htm.xml (XML) — 4KB

01 Other Events

Item 8.01 Other Events. On September 4, 2024, Sirius XM Holdings Inc., a Delaware corporation (" SiriusXM "), and Liberty Media Corporation, a Delaware corporation (" Liberty Media "), 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 SiriusXM (the " Merger " and together with the Split-Off, the " Transactions "), with SiriusXM surviving the Merger as a wholly owned subsidiary of SplitCo. Upon consummation of the Merger, each share of common stock of SiriusXM 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 SiriusXM 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 "). SiriusXM 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 qualified in

Forward-Looking Statements

Forward-Looking Statements This Current Report on Form 8-K includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including certain statements relating to the Transactions and their proposed timing and other matters related to the Transactions. 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 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 SiriusXM expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in SiriusXM'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 SiriusXM, including its information statement, 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 SiriusXM subsequently files with the SEC, for additional information about SiriusXM and about the risks and uncertainties related to SiriusXM's business which may affect the statements made in this Current Report on Form 8-K. Additional Information Nothing in this Current Report on Form 8-K shall constitute a solicitation to buy or

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, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. SIRIUS XM HOLDINGS INC. By: /s/ Patrick L. Donnelly Patrick L. Donnelly Executive Vice President, GeneralCounsel and Secretary Dated: September 4, 2024