Company: LBRDK
Filing Date: 2025-02-19
Form Type: 425
Source: 0001140361-25-005132
Chunk: 9

Company: Liberty Broadband Corp
Filing Date: 2025-02-19
Form: 425
Chunk 9
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 diluted shares outstanding of Charter of approximately 148.7 million shares, as provided by Liberty Broadband management. The first sentence of the sixth full paragraph on page 105 is amended and restated as follows: J.P. Morgan then calculated the estimated pro forma implied equity value per share of Liberty Broadband common stock by calculating the quotient of (i) the product of (a) the estimated pro forma shares of Charter that Liberty Broadband stockholders would receive as implied by the exchange ratio, multiplied by (b) the PF Charter Share Price, based on J.P. Morgan’s calculations of the PF Charter Share Price described above, divided by (ii) the estimated fully diluted shares outstanding of Liberty Broadband common stock of approximately 143.9 million shares, as provided by Liberty Broadband management. The joint proxy statement/prospectus is hereby supplemented by adding the following as a new section following the section entitled “The Combination—Opinion of Liberty Broadband’s Financial Advisor” ending on page 107, as follows: Certain Unaudited Prospective Financial Information Charter and Liberty Broadband do not, as a matter of course, publicly disclose forecasts or internal projections as to their respective future performance, revenues, earnings, financial condition or other results given, among other reasons, the inherent uncertainty of the underlying assumptions and estimates. However, Charter and Liberty Broadband are including in this joint proxy statement/prospectus certain unaudited prospective financial information for Charter and Liberty Broadband that was made available as described below. We refer to this information collectively as the “prospective financial information”. A summary of certain significant elements of this information is included in this joint proxy statement/prospectus solely for the purpose of providing holders of Charter common stock, holders of Liberty Broadband common stock and holders of Liberty Broadband preferred stock access to certain information made available to Charter, Liberty Broadband and their respective boards of directors and financial advisors. Neither Charter nor Liberty Broadband endorses the prospective financial information as necessarily predictive of actual future results. Furthermore, although presented with numerical specificity, the prospective financial information reflects numerous estimates and assumptions with respect to, among other things, economic, competitive, regulatory and financial market conditions and future business decisions that may not be realized and that are inherently subject to significant business, economic, competitive and regulatory uncertainties and contingencies, including, among other things, the inherent uncertainty of the business and economic conditions affecting the industries in which Charter and Liberty Broadband operate and the risks and uncertainties described under the sections entitled “ Risk Factors” and “ Ca