---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-24-006323"
form_type: "8-K"
ticker: null
cik: "0001620280"
company_name: "Uniti Group Inc."
filed_at: "2024-05-03T23:59:59+00:00"
generated_at: "2026-06-02T23:10:32.782880+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Uniti Group to merge with Windstream; Uniti shareholders to own ~62% of new company

## Summary
- Uniti stockholders receive ~62% of New Uniti common; Windstream equityholders get ~35.42% common, $575M preferred (11% cumulative), warrants for ~6.9%, and $425M cash.
- Uniti suspends dividends after $0.15/share June payment; New Uniti will not qualify as REIT.
- Merger subject to stockholder approval, HSR, FCC, state PUC clearances; close by Nov 3, 2025, extendable to May 3, 2026.
- Elliott, holding ~4.26% of Uniti, signs voting agreement supporting merger; termination fee of $55M or $75M for financing failure.
- New Uniti preferred stock dividend rate starts at 11%, increases annually up to 16%; redeemable after 3 years.

## SEC filing metadata
- accession: 0000950103-24-006323
- form_type: 8-K
- cik: 0001620280
- company_name: Uniti Group Inc.
- filed_at: 2024-05-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1620280/000095010324006323/0000950103-24-006323-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1620280/000095010324006323/dp210423_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-24-006323
- JSON: https://secwatch.observer/filing/0000950103-24-006323.json
- Plain text: https://secwatch.observer/filing/0000950103-24-006323.txt

## Key facts
- Debt Financings
  Uniti Group Inc. incurred credit facility of up to $300,000,000 with Citigroup Global Markets Inc. and certain of its Affiliates and Barclays Bank PLC.
  - Instrument: credit facility
  - Principal: up to $300,000,000
  - Counterparty: Citigroup Global Markets Inc. and certain of its Affiliates and Barclays Bank PLC
  - Event: incurrence
  source text: Uniti entered into a debt commitment letter (the “ Commitment Letter ”), pursuant to which Citigroup Global Markets Inc. and certain of its Affiliates and Barclays Bank PLC (the “ Lead Arrangers ”) have committed to provide to Uniti up to $300,000,000 under a secured bridge facility.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1620280/000095010324006323/0000950103-24-006323-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.