---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-176138"
form_type: "8-K"
ticker: "MSGE"
cik: "0001952073"
company_name: "Madison Square Garden Entertainment Corp."
filed_at: "2023-06-27T23:59:59+00:00"
generated_at: "2026-06-13T16:36:36.890207+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Sphere Entertainment Group sells 6.0M MSGE shares at $31; MSGE repurchases 840K shares

## Summary
- Selling stockholder (Sphere Entertainment Group) completed secondary offering of 6,037,500 MSGE shares at $31.00/share; underwriters exercised option in full.
- Company did not receive any proceeds from the secondary offering; it repurchased 840,053 shares from selling stockholder in a private transaction.
- Following the offering and repurchase, selling stockholder's ownership fell from ~37.8% to ~23.0% of outstanding Class A common stock.

## SEC filing metadata
- accession: 0001193125-23-176138
- form_type: 8-K
- ticker: MSGE
- cik: 0001952073
- company_name: Madison Square Garden Entertainment Corp.
- filed_at: 2023-06-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1952073/000119312523176138/0001193125-23-176138-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1952073/000119312523176138/d507697d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-176138
- JSON: https://secwatch.observer/filing/0001193125-23-176138.json
- Plain text: https://secwatch.observer/filing/0001193125-23-176138.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.