Company: FOX
Filing Date: 2025-09-08
Form Type: 424B7
Source: 0001193125-25-198368
Chunk: 12

Company: Fox Corp
Filing Date: 2025-09-08
Form: 424B7
Chunk 12
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 common stock by LGC Holdco which, following the consummation of the Transactions and this offering, will beneficially own approximately 36.2% of our Class B common stock
(of which, we have been informed, approximately 43.4% will be pledged as collateral for the LGC Holdco loans), could significantly reduce the market price of our Class B common stock. Furthermore, pursuant to the New Stockholders Agreement, we
have agreed to use our commercially reasonable efforts to facilitate potential future offers and sales of the shares of Class B common stock held by the LGC Family Trusts and LGC Holdco upon their request. The perception that these future sales
may occur could also cause the market price of our Class B common stock to decline and impair our ability to raise additional capital through the sale of our equity securities.

Under our certificate of incorporation, we are authorized to issue up to 2,000,000,000 shares of Class A common stock, par value $0.01
per share, 1,000,000,000 shares of Class B common stock, par value $0.01 per share, 35,000,000 shares of series common stock, par value $0.01 per share, and 35,000,000 shares of preferred stock, par value $0.01 per share. Accordingly, in the
future, we may issue additional securities in order to raise capital or in connection with acquisitions. We may acquire interests in other companies by using a combination of cash and our common stock or just our common stock, in each case,
including our Class B common stock. Further, shares of preferred stock may be issued from time to time in one or more series as our board of directors (the “Board of Directors”) may from time to time determine, each such series to
be distinctively designated.

Any such issuances and sales of our preferred stock or common stock could have the effect of depressing the
market price for our Class B common stock, and the issuance of any such preferred stock could materially adversely affect the rights of holders of our Class B common stock. Any of these events may dilute your ownership interest in the
Company and have an adverse impact on the price of our Class B common stock. We cannot predict the size of future issuances or sales of our Class B common stock or other securities or the effect, if any, that future issuances or sales of
our Class B common stock and other securities would have on the market price of our Class B