Company: FOX
Filing Date: 2025-09-08
Form Type: 424B7
Source: 0001193125-25-198368
Chunk: 11

Company: Fox Corp
Filing Date: 2025-09-08
Form: 424B7
Chunk 11
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 our filings with the SEC; |

| • |     | market perception of our current and projected financial condition, potential growth, future earnings and future 
 cash dividends;                                                                                                  |

| • |     | announcements we make regarding dividends; |

| • |     | actual or anticipated fluctuations in our quarterly financial and operating results; |

| • |     | sales of our securities, or the perception that such sales may occur, by us or by our stockholders; |

| • |     | actions by rating agencies; |

| • |     | short sales of our Class B common stock; |

| • |     | any decision to pursue a distribution or disposition of a meaningful portion of our assets; |

| • |     | issuance of new or changed securities analysts’ reports or recommendations; |

| • |     | market perception or media coverage of us, other similar companies or the outlook of the markets and industries 
 in which we compete;                                                                                            |

| • |     | major reductions in trading volumes on the exchanges on which we operate; |

| • |     | legislative or regulatory developments, including changes in the status of our regulatory approvals or licenses 
 or the threat of adverse regulatory actions; and                                                                |

| • |     | litigation and governmental investigations, including the threat of adverse litigation or governmental 
 investigations.                                                                                        |

S-5

The stock markets in general have experienced extreme volatility that has often been
unrelated to the operating performance of particular companies. These broad market fluctuations may adversely affect the trading prices of our common stock, including our Class B common stock. Securities class action litigation has often been
instituted against companies following periods of volatility in the overall market and in the market price of a company’s securities. Such litigation, if instituted against us, could result in substantial costs, divert our management’s
attention and resources, and have a material adverse effect on our business, financial condition, results of operations and cash flows. There can be no guarantee that our stock price will remain at current levels or that future sales of our common
stock will not be at prices lower than those sold to investors.

Issuances and sales of additional shares, or the perception of future sales, of preferred stock or common stock, including this offering of Class B common stock, could reduce the market price of our shares of Class B common stock.

The sale by the selling stockholders of the shares in this offering could negatively impact the market price of our Class B common stock.
Further, future sales of a substantial number of shares of Class B