other_material
confidence high
sentiment negative
materiality 0.80
MediaCo issues 28.2M shares at $0.00001 per share to SLF LBI Aggregator
Mediaco Holding Inc.
- Issued 28,205,938 shares of Class A common stock at exercise price of $0.00001 to SLF LBI Aggregator, LLC under a warrant dated April 17, 2024.
- Issuance made under exemption from registration provided by Section 4(a)(2) of the Securities Act.
- Shares issued on September 8, 2025; the exercise price is effectively zero, causing significant dilution.
item 3.02