猫咪社区

猫咪社区 Prices Primary Offering and Secondary Offering on Behalf of Selling Stockholders of Series C 猫咪社区 Formula One Common Stock

ENGLEWOOD, Colo.--(BUSINESS WIRE)-- 猫咪社区 (鈥溍ㄟ渖缜�鈥�) (Nasdaq: LSXMA, LSXMB, LSXMK, BATRA, BATRK, FWONA, FWONK) announced today the pricing of an underwritten public offering of 40,000,000 shares of 猫咪社区鈥檚 Series C 猫咪社区 Formula One common stock, par value $0.001 per share (鈥淔WONK鈥�), consisting of 12,903,225 shares of FWONK offered by 猫咪社区 and 27,096,775 shares of FWONK offered on behalf of certain selling stockholders (the 鈥淪elling Stockholders鈥�), at a price to the public of $31.00 per share. The Selling Stockholders acquired the shares of FWONK offered in this offering in January 2017 in connection with the consummation of 猫咪社区鈥檚 acquisition of Delta Topco Limited (鈥淒elta Topco鈥�), the parent company of Formula 1. The Selling Stockholders have granted the underwriters a 30-day option to purchase up to an additional 6,000,000 shares of FWONK at the price to the public set forth above.

The offering is expected to settle and close on May 24, 2017, subject to the satisfaction of customary closing conditions.

猫咪社区 expects to receive approximately $388.7 million in net proceeds, after deducting underwriters鈥� discounts and commissions related to the primary offering but before deducting offering expenses, from 猫咪社区鈥檚 sale of shares of FWONK, and intends to use the net proceeds to repay existing indebtedness of a wholly owned subsidiary of Delta Topco and to pay expenses related to the offering. The net proceeds of the offering by 猫咪社区 will be attributed to the Formula One Group. The Selling Stockholders will receive all of the net proceeds from the sale of their shares of FWONK. 猫咪社区 will not receive any proceeds from the sale of shares of FWONK on behalf of the Selling Stockholders in this offering.

Goldman Sachs & Co. LLC, J.P. Morgan and Morgan Stanley are acting as book-running managers and representatives of the underwriters for the offering, together with BofA Merrill Lynch, Barclays, Credit Suisse and Citigroup as additional book-running managers. When available, copies of the prospectus supplement for the offering may be obtained on the website of the Securities and Exchange Commission (鈥淪EC鈥�), , or by contacting Goldman Sachs & Co. LLC, Attn: Prospectus Department, 200 West Street, New York, NY 10282, Telephone: 1-866-471-2526, Email: prospectus-ny@ny.email.gs.com; J.P. Morgan Securities LLC, Attn