Company: UZF
Filing Date: 2025-01-14
Form Type: PREM14C
Source: 0000821130-25-000006
Chunk: 14

Company: ARRAY DIGITAL INFRASTRUCTURE, INC.
Filing Date: 2025-01-14
Form: PREM14C
Chunk 14
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 of the transaction with Verizon to the stockholders of the Company. Following the discussion, the USCC Independent Directors approved the aforementioned resolutions. Representatives of Cravath also referenced the supplemental disclosure letter provided by PJT Partners to the USCC Independent Directors with respect to its relationships with the Company and Verizon prior to the meeting, and the USCC Independent Directors determined that PJT Partners did not have a material conflict of interest in connection with the proposed transaction with Verizon.

Later on October 17, 2024, the TDS Board held a meeting, with representatives of the Company’s management, TDS, WBK, Sidley, Clifford Chance, Citi and Centerview in attendance. Representatives of WBK delivered an overview of the key terms of the License Purchase Agreement and other transaction documents, which were in substantially final form. Representatives of the Company’s management, WBK and Clifford Chance also included an overview of regulatory considerations associated with the potential sale of the Spectrum Assets to Verizon.

Also on October 17, 2024, the USCC Board held a meeting with representatives of the Company’s management, TDS, WBK, Cravath, PJT Partners, Clifford Chance, Citi and Centerview in attendance. Representatives of WBK delivered an overview of the key terms of the License Purchase Agreement and other transaction documents which were in substantially final form. Representatives of WBK also included an overview of FCC regulatory considerations associated with the potential sale of the Spectrum Assets to Verizon. The Company’s management then reviewed draft resolutions provided to the USCC Board (a) approving the transaction with Verizon and (b) authorizing the Company’s management to execute the License Purchase Agreement with Verizon. The USCC Board, acting on the recommendation of the USCC Independent Directors, approved the resolutions authorizing the execution of the License Purchase Agreement and the entry into the Verizon Transaction.

On October 17, 2024 (the “

#### Effective Date
”), each of the Company, Verizon and the Company subsidiaries named therein as Sellers executed the License Purchase Agreement. Following such execution, on October 17, 2024, TDS delivered the Written Consent.

On October 18, 2024, prior to the opening of trading on the New York Stock Exchange, the Company publicly announced the entry into the Verizon Transaction.

Reasons for the Verizon Transaction; Recommendation of the USCC Independent Directors

As described in the T-Mobile Information Statement, the Company and TDS announced on August 4, 2023 that they were commencing a review of strategic