secwatch.observer — SEC 8-K summary
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Issuer:     Liberty Media Corp (FWONA)
CIK:        0001560385
Form:       8-K
Filed at:   2023-07-18T23:59:59+00:00
Accession:  0001104659-23-082079
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.01, 3.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Liberty Media completes split-off of Atlanta Braves Holdings; Braves now separate publicly traded company
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- Split-off completed July 18, 2023 at 5:00 p.m. ET; each Liberty Braves share exchanged for one share of Atlanta Braves Holdings.
- Atlanta Braves Holdings Series A and C common stock to begin trading on Nasdaq July 19 under BATRA and BATRK; Series B on OTC.
- Registration Rights Agreement requires Braves Holdings to register ~1.8M Series C shares issued to Liberty Media.
- Liberty Media continues trading LSXMA/B/C and FWONA/K; Braves split-off makes Braves Holdings independent.
- Liberty Media plans reclassification of common stock into Liberty Live tracking stock on August 3, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1560385/000110465923082079/0001104659-23-082079-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1560385/000110465923082079/tm2320270d4_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-082079

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer