{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-090842","form_type":"8-K/A","ticker":"FWONA","cik":"0001560385","company_name":"Liberty Media Corp","filed_at":"2025-09-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.350442+00:00","generated_at":"2026-05-17T06:21:56.038605+00:00","sec_items":["9.01","2.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Liberty Media completes ~84% MotoGP acquisition; pro forma H1 2025 net income $155M, FY2024 net loss $156M","bullets":["Acquired ~84% of Dorna Sports (MotoGP) for cash on July 3, 2025; ~16% retained by rollover sellers.","Funded via $939M equity raise (12.2M shares at $77.50), $1B incremental debt ($150M TLA + $850M TLB), and $126M FX forward gain.","Pro forma total assets of $17.5B, goodwill of $7.2B, and additional long-term debt of $5.1B as of June 30, 2025.","Pro forma net income attributable to Liberty stockholders of $155M for H1 2025 and net loss of $156M for FY2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-090842","json":"https://secwatch.observer/filing/0001104659-25-090842.json","markdown":"https://secwatch.observer/filing/0001104659-25-090842.md","text":"https://secwatch.observer/filing/0001104659-25-090842.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1560385/000110465925090842/0001104659-25-090842-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1560385/000110465925090842/tm2526019d1_8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T06:21:56.038605+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8ec29e60311a1c611da73da3df77aa358102209e","claim":"Liberty Media Corp completed an acquisition involving Dorna Sports, S.L. (MotoGP) for cash (closed 2025-07-03).","evidence_excerpt":"On July 3, 2025 (the “Closing Date”), Liberty Media Corporation (“Liberty Media” or the “Company”) completed its previously announced acquisition (the “MotoGP Acquisition”), by Libertad Especia, S.L.U., a private limited company incorporated in Spain and a wholly owned subsidiary of Liberty Media (“Buyer”), of approximately 84% of the equity interests in Dorna Sports, S.L., a private limited company incorporated in Spain (“MotoGP”), for cash","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1560385/000110465925090842/0001104659-25-090842-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Dorna Sports, S.L. (MotoGP)"},{"label":"Consideration","value":"cash"},{"label":"Closing","value":"2025-07-03"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}