---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-071939"
form_type: "8-K"
ticker: "SIRI"
cik: "0000908937"
company_name: "SIRIUS XM HOLDINGS INC."
filed_at: "2024-06-17T23:59:59+00:00"
generated_at: "2026-06-01T04:13:35.327854+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# SiriusXM amends merger exchange ratio to 1-for-10; expects Q3 2024 closing

## Summary
- Existing SiriusXM shareholders receive 1 New Sirius share per 10 shares held; fractional shares cashed out.
- Amendments reduce outstanding New Sirius shares by 90% via revised exchange ratios to preserve economics.
- Sirius XM Radio Inc. to convert to a Delaware LLC prior to closing, subject to Communications Act approval.
- Liberty Media's majority stockholder consent approved amendments; no SiriusXM stockholder meeting required.
- Closing remains targeted for third quarter 2024; parties working diligently to complete Transactions.

## SEC filing metadata
- accession: 0001104659-24-071939
- form_type: 8-K
- ticker: SIRI
- cik: 0000908937
- company_name: SIRIUS XM HOLDINGS INC.
- filed_at: 2024-06-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/908937/000110465924071939/0001104659-24-071939-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/908937/000110465924071939/tm2417346d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-071939
- JSON: https://secwatch.observer/filing/0001104659-24-071939.json
- Plain text: https://secwatch.observer/filing/0001104659-24-071939.txt

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