other material
confidence high
sentiment neutral
materiality 0.50
GCI Liberty sets rights offering terms: $27.20 subscription price, 0.3838 rights per share
GCI Liberty, Inc.
- Rights distribution date Nov 25, 2025 at 5pm NY time; record date Nov 24 with due bill trading for purchasers through Nov 25.
- Each share of Series A/B/C common stock receives 0.3838 of a right; fractional rights rounded up to nearest whole.
- Each whole right entitles holder to buy one Series C share at $27.20, a ~20% discount to 10-day VWAP ending Nov 21.
- Oversubscription privilege available for unsubscribed shares in the Rights Offering.
- Rights tradable under symbol GLIBR starting Nov 26; ex-dividend date and offering start Nov 26, 2025.