Company: UZF
Filing Date: 2025-01-14
Form Type: PREM14C
Source: 0000821130-25-000006
Chunk: 19

Company: ARRAY DIGITAL INFRASTRUCTURE, INC.
Filing Date: 2025-01-14
Form: PREM14C
Chunk 19
---
 a result of the Company not having sufficient operations to protect the assets or the cost the Company would incur to protect the assets;

• the risk of litigation brought in respect of the Agreement or the Verizon Transaction;

• the restrictions in the Agreement on the conduct of the Company’s business during the period between execution of the Agreement and completion of the Verizon Transaction;

• the fact that, subject to the terms and conditions of the Agreement, prior to the earlier of the Closing and the termination of the Agreement, the Company is generally restricted from initiating, soliciting, knowingly encouraging or knowingly facilitating the making of certain acquisition proposals with respect to the Spectrum Assets;

• the fact that the Verizon Transaction will generally be taxable to the Company for U.S. federal income tax purposes;

• the interests of the Company’s directors, officers and employees with respect to the Verizon Transaction that are or may be in addition to, or different from, their interests as the Company’s stockholders;

• the risk that the Company may incur significant expenses in connection with the Verizon Transaction; and

• the risks of the type and nature described in the section entitled “ Special Note Regarding Forward-Looking Statements .”

The USCC Independent Directors concluded that the uncertainties, risks and potentially negative factors relevant to the Verizon Transaction were outweighed by the potential benefits that it expected the Company and its stockholders would achieve as a result of the Verizon Transaction.

Stockholders of the Company should be aware that certain of the Company’s directors and officers have interests in the Verizon Transaction that may be different from, or in addition to, the interests of stockholders of the Company generally. For a further discussion of these interests, please see the section entitled “ Interests of Affiliates in the Verizon Transaction ” beginning on page 24 .

This discussion of the information and factors considered by the USCC Independent Directors includes the principal positive and negative factors considered by the USCC Independent Directors, but is not intended to be exhaustive and may not include all of the factors considered. In view of the wide variety of factors considered in connection with their evaluation of the Agreement and the Verizon Transaction and the complexity of these matters, the USCC Independent Directors did not find it useful and did not attempt to quantify or assign any relative or specific weights to the various factors that the USCC Independent Directors considered in reaching their determinations to approve the Agreement, and the Verizon Transaction, and to make their recommendations to the USCC Board (and, in turn, the USCC Board’s recommendation to the USCC stockholders). Rather, the USCC