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.