Atlanta Braves Holdings, Inc. (“Atlanta Braves Holdings”) (Nasdaq: BATRA, BATRK) announced that it completed its previously announced split-off (the “Split-Off”) from Liberty Media Corporation (“Liberty Media”) (Nasdaq: LSXMA, LSXMB, LSXMK, FWONA, FWONK) at 5:00 p.m., New York City time, today. As a result, Liberty Media and Atlanta Braves Holdings are now separate publicly traded companies. Atlanta Braves Holdings Series A common stock and Series C common stock will begin trading on Wednesday, July 19, 2023 on the Nasdaq Stock Market, under the symbols “BATRA” and “BATRK,” respectively. Atlanta Braves Holdings Series B common stock will be quoted on the OTC Markets under the symbol “BATRB.” Effective as of the Split-Off, Atlanta Braves Holdings has outstanding an aggregate of 10,318,202 shares of Atlanta Braves Holdings Series A common stock, 977,795 shares of Atlanta Braves Holdings Series B common stock and 50,423,293 shares of Atlanta Braves Holdings Series C common stock (including 8,603,969 shares of Atlanta Braves Holdings Series C common issued in connection with the settlement and extinguishment of the Braves Group intergroup interests attributed to the Liberty SiriusXM Group and the Formula One Group in the aggregate).
Quarterly Q&A Conference Call
Additionally, Atlanta Braves Holdings announced that interested shareholders and analysts are invited to participate in a brief quarterly Q&A session following the completion of the prepared remarks on Liberty Media’s second quarter earnings conference call. During this Q&A session, management will be accepting questions regarding both Liberty Media and Atlanta Braves Holdings. The conference call will be held on Friday, August 4th at 10:00 a.m. E.T. Before the open of market trading that day, Atlanta Braves Holdings will issue a press release reporting results for the second quarter of 2023, which can be found at https://bravesholdings.com/investors/news-events/press-releases….
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