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Sirius XM | 425: Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions

Sirius XM | 425: Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions

Sirius XM | 425:募资说明/企业合并公告
美股SEC公告 ·  2024/09/04 08:40

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On September 4, 2024, Sirius XM Holdings Inc. and Liberty Media Corporation announced the final exchange ratio for the upcoming Split-Off and Merger transactions. The Split-Off, scheduled for 4:05 p.m. on September 9, 2024, will involve Liberty Media redeeming each outstanding share of its Series A, B, and C Liberty SiriusXM common stock for 0.8375 of a share of common stock of the new entity, with cash paid for any fractional shares. Following the Split-Off, Radio Merger Sub, LLC, a subsidiary of the new entity, will merge with Sirius XM, making it a wholly owned subsidiary. Sirius XM stockholders will receive 0.1 of a share of the new company's common stock for each share held, again with cash in lieu of fractional shares. The new company, retaining the Sirius XM name, will have its common stock listed on Nasdaq under the ticker 'SIRI' starting September 10, 2024. Post-transaction, former Liberty SiriusXM stockholders will own approximately 81% of the new company, with the remaining 19% owned by former Sirius XM minority stockholders.
On September 4, 2024, Sirius XM Holdings Inc. and Liberty Media Corporation announced the final exchange ratio for the upcoming Split-Off and Merger transactions. The Split-Off, scheduled for 4:05 p.m. on September 9, 2024, will involve Liberty Media redeeming each outstanding share of its Series A, B, and C Liberty SiriusXM common stock for 0.8375 of a share of common stock of the new entity, with cash paid for any fractional shares. Following the Split-Off, Radio Merger Sub, LLC, a subsidiary of the new entity, will merge with Sirius XM, making it a wholly owned subsidiary. Sirius XM stockholders will receive 0.1 of a share of the new company's common stock for each share held, again with cash in lieu of fractional shares. The new company, retaining the Sirius XM name, will have its common stock listed on Nasdaq under the ticker 'SIRI' starting September 10, 2024. Post-transaction, former Liberty SiriusXM stockholders will own approximately 81% of the new company, with the remaining 19% owned by former Sirius XM minority stockholders.
2024年9月4日,sirius xm控股有限公司和自由媒体公司宣布即将进行的分拆和合并交易的最终交换比率。分拆计划于2024年9月9日下午4点05分开始,自由媒体将赎回其A亿和C自由SiriusXm普通股的每股未偿付额0.8375股的普通股,对于任何碎股将进行现金支付。在分拆后,子公司Radio Merger Sub, LLC将与sirius xm合并,成为其全资子公司。sirius xm股东将获得新公司每股股票0.1股,换取每股现金就碎股。保留sirius xm名称的新公司的普通股将于2024年9月10日起在纳斯达克上市,交易代码为“SIRI”。交易后,原自由SiriusXm股东将持有新公司约81%的股份,其余19%的股份将归原sirius xm少数股东所有。
2024年9月4日,sirius xm控股有限公司和自由媒体公司宣布即将进行的分拆和合并交易的最终交换比率。分拆计划于2024年9月9日下午4点05分开始,自由媒体将赎回其A亿和C自由SiriusXm普通股的每股未偿付额0.8375股的普通股,对于任何碎股将进行现金支付。在分拆后,子公司Radio Merger Sub, LLC将与sirius xm合并,成为其全资子公司。sirius xm股东将获得新公司每股股票0.1股,换取每股现金就碎股。保留sirius xm名称的新公司的普通股将于2024年9月10日起在纳斯达克上市,交易代码为“SIRI”。交易后,原自由SiriusXm股东将持有新公司约81%的股份,其余19%的股份将归原sirius xm少数股东所有。
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