Form 8-K - Current report
2024年9月3日 - 9:46PM
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UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C.
20549
FORM 8-K
CURRENT REPORT
Pursuant to Section
13 or 15(d)
of the Securities
Exchange Act of 1934
Date of Report (date
of earliest event reported): September 3, 2024
LIBERTY
MEDIA CORPORATION
(Exact name of registrant
as specified in its charter)
Delaware | |
001-35707 | |
37-1699499 |
(State or other jurisdiction of incorporation or organization) | |
(Commission File Number) | |
(I.R.S. Employer
Identification No.) |
12300
Liberty Blvd.
Englewood,
Colorado 80112
(Address of principal executive offices and zip
code)
Registrant's telephone number, including area
code: (720) 875-5400
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General
Instruction A.2. below):
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title
of each class |
Trading
Symbol |
Name
of each exchange on which registered |
Series
A Liberty SiriusXM Common Stock |
LSXMA |
The
Nasdaq Stock Market LLC |
Series
B Liberty SiriusXM Common Stock |
LSXMB |
The
Nasdaq Stock Market LLC |
Series
C Liberty SiriusXM Common Stock |
LSXMK |
The
Nasdaq Stock Market LLC |
Series
A Liberty Formula One Common Stock |
FWONA |
The
Nasdaq Stock Market LLC |
Series
C Liberty Formula One Common Stock |
FWONK |
The
Nasdaq Stock Market LLC |
Series
A Liberty Live Common Stock |
LLYVA |
The
Nasdaq Stock Market LLC |
Series
C Liberty Live Common Stock |
LLYVK |
The
Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the
Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ¨
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 2.02 Results of Operations and Financial Condition.
Formula 1 is hosting a lender presentation on September 3,
2024 in connection with a proposed incremental $850 million term loan B. In advance of the lender presentation, Liberty Media Corporation
(the “Company”) is providing an update regarding estimated cash and cash equivalents for the Formula 1 operating business
(excluding cash at the Company attributable to the Formula One Group) as of August 31, 2024, which was approximately $1.457 billion.
Cautionary Statements Relating to Preliminary Estimates
The information provided in this Current Report
on Form 8-K reflects the Company’s preliminary estimate based solely upon information available to it as of the date of this
Current Report on Form 8-K. The information provided is not a comprehensive statement of the financial results or position of the
Company’s Formula 1 operating business as of August 31, 2024. Any actual amount that the Company reports in its Quarterly Report
on Form 10-Q for the three and nine months ended September 30, 2024 will be subject to the Company’s normal quarterly
review procedures and any final adjustments that may be made prior to the time its financial results for the three and nine months ended
September 30, 2024 are finalized. As a result, this preliminary estimate may differ materially from the actual results that will
be reflected in the Company’s consolidated financial statements for the three and nine months ended September 30, 2024 when
they are completed and publicly disclosed. In addition, this preliminary estimate is not necessarily indicative of the results to be achieved
for any future period.
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 statements regarding
the proposed transactions described above and the expected terms thereof and the estimated cash and cash equivalents for the Formula 1
operating business. These forward-looking statements involve many risks and uncertainties that could cause actual results to differ materially
from those expressed or implied by such statements, including, without limitation, general market conditions and the completion of the
Company’s normal quarterly review procedures. These forward-looking statements speak only as of the date of this Current Report
on Form 8-K, and the Company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking
statement contained herein to reflect any change in the Company’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 the Company, including its most
recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, for additional information about the Company and about
the risks and uncertainties related to the Company’s business which may affect the statements made in this Current Report on Form 8-K.
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:
September 3, 2024
|
LIBERTY MEDIA CORPORATION |
|
|
|
|
By: |
/s/ Katherine C. Jewell |
|
|
Name: Katherine C. Jewell |
|
|
Title: Vice President and Assistant Secretary |
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