regulatory
confidence high
sentiment neutral
materiality 0.30
Liberty Broadband imposes SOX blackout on Series C stock ahead of GCI Liberty spin-off
Liberty Broadband Corp
- Blackout for Liberty Broadband Series C stock begins as early as 4:00 p.m. ET on May 30, 2025 or as late as Aug 28, 2025; expected to last ~25 business days.
- GCI Liberty Series C common stock blackout begins on distribution date (expected summer 2025, between June 2 and Aug 29).
- Directors and executive officers prohibited from trading Liberty Broadband and GCI Liberty securities during blackout under Section 306 of SOX.
- Blackout facilitates creation of GCI Group common stock fund in the GCI 401(k) Plan after the spin-off.