other material
confidence high
sentiment neutral
materiality 0.50
Stockholders approve issuance of up to 35.3M shares for Estrella asset acquisition
Mediaco Holding Inc.
- Special meeting on March 6, 2025 approved issuance of up to 28,206,152 shares upon warrant exercise.
- Also approved issuance of 7,051,538 shares upon option/put rights for certain broadcast assets.
- Class A vote: 91,832,630 for, 79,883 against, 1,664 abstain; Class B: 54,131,970 for, 0 against, 0 abstain.
- Proposal approved; no broker non-votes reported.
- Vote relates to MediaCo's acquisition of Estrella Broadcasting assets.