Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MSGE | Class A Common Stock, par value $0.01 per share | Sale | -$25M | -840K | -4.94% | $29.76 | 16.2M | Jun 27, 2023 | By Subsidiary | F1 |
transaction | MSGE | Class A Common Stock, par value $0.01 per share | Sale | -$180M | -6.04M | -37.31% | $29.76 | 10.1M | Jun 27, 2023 | By Subsidiary | F1, F2 |
Id | Content |
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F1 | On June 27, 2023, Sphere Entertainment Group, LLC (the "Shareholder"), a direct subsidiary of Sphere Entertainment Co. and the direct holder of Class A Common Stock, par value $0.01 per share ("Class A Common Stock"), of Madison Square Garden Entertainment Corp. (the "Issuer"), sold 840,053 shares of Class A Common Stock back to the Issuer at a per share price of $29.76 USD pursuant to the Stock Purchase Agreement, dated June 21, 2023, by and between the Issuer and the Shareholder. |
F2 | On June 27, 2023, the Shareholder sold 6,037,500 shares of Class A Common Stock of the Issuer in an underwritten public offering at a per share price of $29.76 pursuant to the Underwriting Agreement, dated June 22, 2023, by and among the Issuer, the Shareholder and the the representatives of the underwriters party thereto, which includes the exercise in full of the underwriters' option to purchase additional shares. The public offering price in the underwritten public offering was $31.00 per share. |