{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-095991","form_type":"8-K","ticker":"FWONA","cik":"0001560385","company_name":"Liberty Media Corp","filed_at":"2026-08-13T20:38:33+00:00","discovered_at":"2026-08-13T20:39:00.539027+00:00","generated_at":"2026-08-13T20:39:08.457061+00:00","sec_items":["3.02","7.01","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Liberty Media prices $690M 2.375% convertible notes due 2032; conversion at $138.68","bullets":["$690M aggregate principal of 2.375% Senior Convertible Notes due 2032; $90M option exercised in full by initial purchasers.","Notes convertible into FWONK at $138.68/share (7.2106 shares per $1,000), ~35% premium to $102.73 Aug 10 close.","Net proceeds ~$680M; used for capped call costs on 2027 Notes, working capital, and repayment of 2027 Notes.","Concurrently entered capped call transactions on 2.25% 2027 Notes to offset dilution/cash payments on conversion.","Matures Aug 15, 2032; interest semi-annual from Feb 15, 2027; redeemable from Aug 20, 2029 if FWONK ≥130% of conversion price."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-095991","json":"https://secwatch.observer/filing/0001104659-26-095991.json","markdown":"https://secwatch.observer/filing/0001104659-26-095991.md","text":"https://secwatch.observer/filing/0001104659-26-095991.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1560385/000110465926095991/0001104659-26-095991-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1560385/000110465926095991/tm2622631d2_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-13T20:39:08.457061+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}