Company: LBRDK
Filing Date: 2025-01-22
Form Type: DEFM14A
Source: 0001140361-25-001609
Chunk: 325

Company: Liberty Broadband Corp
Filing Date: 2025-01-22
Form: DEFM14A
Chunk 325
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 stockholders who receive shares of Charter Class A common stock and Charter rollover preferred stock in the merger, as applicable, will become Charter stockholders. Your rights as a Charter stockholder will be governed by the DGCL, Charter certificate of incorporation, the Charter certificate of designations and the amended and restated bylaws of Charter (the “ Charter bylaws”). The following description is a summary of Charter Class A common stock and the Charter rollover preferred stock and certain provisions of the Charter certificate of incorporation, the Charter certificate of designations and the Charter bylaws, as such documents will be in effect upon the completion of the combination. The following summary is subject to and qualified in its entirety by reference to the Charter certificate of incorporation, the Charter certificate of designations and the Charter bylaws, which are exhibits to the registration statement of which this joint proxy statement/prospectus forms a part and are incorporated by reference herein. In addition, pursuant to the stockholders and letter agreement amendment, Charter, Liberty Broadband and A/N intend to discuss appropriate changes to the governance arrangements of Charter and the existing stockholders agreement, with such changes, if agreed by the parties and approved in accordance with applicable organizational documents and the existing stockholders agreement, to take effect upon the completion of the combination. Such changes are expected to give effect to the consummation of the combination, including, among other things, to reflect that Liberty Broadband will no longer be a stockholder of Charter upon such consummation. If the combination is completed, the existing stockholders agreement will terminate with respect to Liberty Broadband. We encourage you to read the Charter certificate of incorporation, the Charter certificate of designations, the Charter bylaws and the applicable provisions of the DGCL for additional information. For a description of Liberty Broadband capital stock, see “Rights of Existing Holders of Liberty Broadband Stockholders” in the table included under “Comparison of Rights of Charter Stockholders and Liberty Broadband Stockholders.” Authorized Capital Stock Under the Charter certificate of incorporation, the total authorized capital stock of Charter is 1,150,001,000 shares, consisting of: (i) 900,000,000 shares of Charter Class A common stock; (ii) 1,000 shares of Class B common stock, par value $0.001 per share; and (iii) 250,000,000 shares of preferred stock, par value $0.001 per share. Charter does not have the power to issue shares of Charter Class B common stock to any