---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-044735"
form_type: "8-K"
ticker: "LBRDA"
cik: "0001611983"
company_name: "Liberty Broadband Corp"
filed_at: "2025-05-06T23:59:59+00:00"
generated_at: "2026-05-22T12:05:23.505047+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Liberty Broadband sells 10K GCI Liberty preferred shares to Janus for $10M in spin-off step

## Summary
- Liberty Broadband will sell 10,000 shares of GCI Liberty 12% Series A Cumulative Redeemable Preferred to Janus funds for $10M.
- Closing requires completion of a reorganization where Liberty Broadband transfers GCI, LLC assets to GCI Liberty in exchange for preferred shares.
- Shares carry mandatory redemption at $1,000 plus accrued dividends seven years after issuance; optional redemption after year five.
- Transaction is in furtherance of the previously announced spin-off of GCI Liberty from Liberty Broadband.

## SEC filing metadata
- accession: 0001104659-25-044735
- form_type: 8-K
- ticker: LBRDA
- cik: 0001611983
- company_name: Liberty Broadband Corp
- filed_at: 2025-05-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1611983/000110465925044735/0001104659-25-044735-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1611983/000110465925044735/tm2514122d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-044735
- JSON: https://secwatch.observer/filing/0001104659-25-044735.json
- Plain text: https://secwatch.observer/filing/0001104659-25-044735.txt

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