GCI Liberty completes spin-off from Liberty Broadband; begins trading July 15 under GLIBA/GLIBK

GCI Liberty, Inc.

Spin-off completed July 14, 2025 at 4:30 PM ET; distribution of 0.20 GCI Liberty share per Liberty Broadband share.
Series A (GLIBA) and Series C (GLIBK) common stock begin trading on Nasdaq on July 15; Series B (GLIBB) on OTC Markets around July 21.
Outstanding shares: 3.65M Series A, 400,806 Series B, 24.65M Series C; plus 10,000 preferred shares.
Board expanded to five directors; Ronald A. Duncan appointed President and CEO; Wendling and Wilm step down as directors.
Multiple spin-off agreements executed including Separation, Tax Sharing, Services, Facilities Sharing, and Aircraft Time Sharing.

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