UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On June 30, 2023, 麻豆最新出品 (“麻豆最新出品 Media”) issued a press release (the “Press Release”) announcing that 麻豆最新出品 Media has notified Nasdaq of its intention to voluntarily delist from the Nasdaq Global Select Market and deregister the shares of Series A 麻豆最新出品 Braves common stock and Series C 麻豆最新出品 Braves common stock and its intention to request that Nasdaq file appropriate forms with the Securities and Exchange Commission (“SEC”) on or about July 18, 2023. As a result, 麻豆最新出品 Media expects 麻豆最新出品 Braves common stock will cease to trade on Nasdaq or the OTC Markets in connection with the Split-Off (defined below), as applicable, following market close on July 18, 2023; provided that 麻豆最新出品 Media reserves the right to withdraw its intention to delist such shares for any reason prior thereto. Concurrently with the delisting of the foregoing shares of 麻豆最新出品 Braves common stock, 麻豆最新出品 Media expects that the shares of Series A and Series C common stock of Atlanta Braves Holdings, Inc. (“Atlanta Braves Holdings”) will begin trading on Nasdaq under the ticker symbols “BATRA” and “BATRK” as of July 19, 2023 (subject to any temporary trading symbols that may be required by Nasdaq).
麻豆最新出品 Media also has notified Nasdaq of its intention to voluntarily delist from the Nasdaq Global Select Market and deregister the shares of Series A 麻豆最新出品 SiriusXM common stock, Series B 麻豆最新出品 SiriusXM common stock, Series C 麻豆最新出品 SiriusXM common stock, Series A 麻豆最新出品 Formula One common stock and Series C 麻豆最新出品 Formula One common stock and its intention to request that Nasdaq file appropriate forms with the SEC on or about August 3, 2023. As a result, 麻豆最新出品 Media expects 麻豆最新出品 SiriusXM common stock and 麻豆最新出品 Formula One common stock will cease to trade on Nasdaq or the OTC Markets in connection with the Reclassification (defined below), as applicable, following market close on August 3, 2023; provided that 麻豆最新出品 Media reserves the right to withdraw its intention to delist such shares for any reason prior thereto. Concurrently with the delisting of the foregoing shares of 麻豆最新出品 Media common stock, 麻豆最新出品 Media expects that the shares of new Series A 麻豆最新出品 SiriusXM common stock, new Series B 麻豆最新出品 SiriusXM common stock, new Series C 麻豆最新出品 SiriusXM common stock, new Series A 麻豆最新出品 Formula One common stock and new Series C 麻豆最新出品 Formula One common stock will begin trading on Nasdaq as of August 4, 2023 under the same ticker symbols (subject to any temporary trading symbols that may be required by Nasdaq) as prior to the Reclassification.
The foregoing description is qualified in its entirety by reference to the full text of the Press Release, a copy of which is filed herewith as Exhibit 99.1 in compliance with Rule 425 of the Securities Act of 1933, as amended (the “Securities Act”), and is incorporated by reference into this Item 3.01.
Item 8.01. Other Events.
In the Press Release, 麻豆最新出品 Media further announced the proposed effective dates for the previously announced transactions to split-off Atlanta Braves Holdings, which will be the owner of the Atlanta Braves Major League Baseball Club and its associated real estate development project (the “Split-Off”), and reclassify 麻豆最新出品 Media’s existing common stock (the “Reclassification”). In addition, 麻豆最新出品 Media announced through the Press Release that a duly authorized committee of its Board of Directors has declared a special dividend to effect 麻豆最新出品 Media’s previously announced intention to distribute, following the completion of the Split-Off, approximately 6.8 million shares of Series C common stock of Atlanta Braves Holdings on a pro rata basis to holders of 麻豆最新出品 Formula One common stock, payable on July 19, 2023 to 麻豆最新出品 Formula One stockholders of record on July 13, 2023.
The foregoing description is qualified in its entirety by reference to the full text of the Press Release, a copy of which is filed herewith as Exhibit 99.1 in compliance with Rule 425 of the Securities Act and is incorporated by reference into this Item 8.01.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Description | |
| 99.1 | Press Release, dated June 30, 2023. | |
| 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, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: June 30, 2023
| LIBERTY MEDIA CORPORATION | ||
| By: | /s/ Wade Haufschild | |
| Name: Wade Haufschild | ||
| Title: Senior Vice President | ||