GCI Liberty announced terms for a Rights Distribution to holders of its GCI Group common stock.
The Rights Distribution will allow holders to acquire shares of Series C GCI Group common stock.
The distribution date is set for November 25, 2025, with the Rights Record Date on November 24, 2025.
Distribution Details
Each share of Series A, B, or C GCI Group common stock held entitles the holder to 0.3838 of a Series C GCI Group Right.
Subscription Rights
Each whole Series C GCI Group Right allows the purchase of one share of Series C GCI Group common stock at $27.20.
Oversubscription Privilege
Holders can subscribe for additional shares of Series C GCI Group common stock that are unsubscribed for in the Rights Offering.
- The Rights Distribution aims to offer a discounted subscription price, providing shareholders with an opportunity to increase their holdings.
- The completion of the Rights Offering is subject to certain conditions, and GCI Liberty reserves the right to terminate the offering at any time.
GCI Liberty's Rights Distribution presents an opportunity for shareholders to enhance their investment portfolio at a discounted price. However, investors should carefully consider the terms and conditions of the offering.