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 | -$257M | -8.22M | -100% | $31.20 | 0 | Sep 22, 2023 | By Subsidiary | F1 |
Sphere Entertainment Co. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
Id | Content |
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F1 | On September 22, 2023, Sphere Entertainment Group, LLC (the "Shareholder"), a direct subsidiary of Sphere Entertainment Co., sold 8,221,188 shares of Class A Common Stock of the Issuer in an underwritten public offering at a per share price of $31.20 pursuant to the Underwriting Agreement, dated September 19, 2023, by and among the Issuer, the Shareholder and 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 $32.50 per share. |