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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：募資說明/企業合併公告
美股sec公告 ·  06/17 18:25
牛牛AI助理已提取核心訊息
On June 16, 2024, Sirius XM Holdings Inc., known as SiriusXM, and Liberty Media Corporation, along with its subsidiaries, entered into amendments to their December 2023 Reorganization and Merger Agreements. These amendments adjust the exchange ratios for the upcoming split-off and merger, reducing the number of New Sirius common stock shares to be issued post-transaction. SiriusXM common stockholders will now receive 1 New Sirius share for every 10 SiriusXM shares they own, with fractional shares paid in cash. The changes aim to preserve the transaction's economics, align share prices, and potentially enhance the stock's market appeal. The conversion of Sirius XM Radio Inc. to a limited liability company is also planned, pending regulatory approval. The transaction is expected to close in the third quarter of 2024, with approvals from Liberty's and SiriusXM's Boards of Directors and a majority stockholder consent, eliminating the need for a stockholder meeting. The amendments are detailed in exhibits filed with the SEC.
On June 16, 2024, Sirius XM Holdings Inc., known as SiriusXM, and Liberty Media Corporation, along with its subsidiaries, entered into amendments to their December 2023 Reorganization and Merger Agreements. These amendments adjust the exchange ratios for the upcoming split-off and merger, reducing the number of New Sirius common stock shares to be issued post-transaction. SiriusXM common stockholders will now receive 1 New Sirius share for every 10 SiriusXM shares they own, with fractional shares paid in cash. The changes aim to preserve the transaction's economics, align share prices, and potentially enhance the stock's market appeal. The conversion of Sirius XM Radio Inc. to a limited liability company is also planned, pending regulatory approval. The transaction is expected to close in the third quarter of 2024, with approvals from Liberty's and SiriusXM's Boards of Directors and a majority stockholder consent, eliminating the need for a stockholder meeting. The amendments are detailed in exhibits filed with the SEC.
2024年6月16日，Sirius XM Holdings Inc.（簡稱爲 SiriusXM）與 Liberty Media Corporation 及其子公司修改了他們在2023年12月簽署的組織重組和合並協議。這些修改調整了即將進行的拆分和合並的交換比率，減少了交易後發行的新的Sirius普通股股票數量。 現在，SiriusXM普通股股東將每持有10股SiriusXM股票，就可獲得1股新的Sirius股票，碎股將用現金支付。此舉旨在保護交易的經濟性，使股票價格保持一致，並可能增強股票的市場吸引力。同時，Sirius XM Radio Inc.也計劃轉變爲有限責任公司，待監管部門批准。此交易預計於2024年第三季度完成，並獲得Liberty和SiriusXM董事會的批准以及絕大多數股東同意，不再需要股東大會。修改的詳細信息已在提交給美國證券交易委員會的陳述中列出。
2024年6月16日，Sirius XM Holdings Inc.（簡稱爲 SiriusXM）與 Liberty Media Corporation 及其子公司修改了他們在2023年12月簽署的組織重組和合並協議。這些修改調整了即將進行的拆分和合並的交換比率，減少了交易後發行的新的Sirius普通股股票數量。 現在，SiriusXM普通股股東將每持有10股SiriusXM股票，就可獲得1股新的Sirius股票，碎股將用現金支付。此舉旨在保護交易的經濟性，使股票價格保持一致，並可能增強股票的市場吸引力。同時，Sirius XM Radio Inc.也計劃轉變爲有限責任公司，待監管部門批准。此交易預計於2024年第三季度完成，並獲得Liberty和SiriusXM董事會的批准以及絕大多數股東同意，不再需要股東大會。修改的詳細信息已在提交給美國證券交易委員會的陳述中列出。
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該公告為獨立文件：

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獨立文件2  查看翻譯

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