Company: LBRDK
Filing Date: 2025-02-19
Form Type: 425
Source: 0001104659-25-015204
Chunk: 2

Company: Liberty Broadband Corp
Filing Date: 2025-02-19
Form: 425
Chunk 2
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/prospectus”),
which Liberty Broadband and Charter first mailed to their respective stockholders on or about January 22, 2025.

Following the announcement of the Merger Agreement and as of the date
of this Current Report on Form 8-K, beginning on January 15, 2025, Liberty Broadband received demand letters from counsel representing
individual purported stockholders of Liberty Broadband, and beginning on February 6, 2025, Charter received demand letters from counsel
representing other individual purported stockholders of Charter (collectively, the “Demands”). Additionally, purported stockholders
of Charter filed the following lawsuits against Charter and the individual members of the Charter board of directors: Stevens v. Charter Communications, Inc., et al., Case No. 650691/2025 (N.Y. Sup. Ct. Feb. 5, 2025) and Miller v. Charter Communications, Inc., et al., Case No. 650695/2025 (N.Y. Sup. Ct. Feb. 5, 2025) (collectively, the “Complaints” and together with
the Demands, the “Matters”). The Matters allege, among other things, that the defendants omitted material information from
the joint proxy statement/prospectus in violation of federal securities laws, breached their fiduciary obligations under state law, and/or
committed negligence and negligent misrepresentation and concealment under state common law.

Liberty Broadband and Charter believe that the claims asserted in the
Matters are without merit and supplemental disclosures are not required or necessary under applicable laws. However, in order to avoid
the risk that the Matters delay or otherwise adversely affect the Combination, and to minimize the costs, risks and uncertainties inherent
in litigation, and without admitting any liability or wrongdoing, Liberty Broadband and Charter are supplementing the joint proxy statement/prospectus
as described in this Current Report on Form 8-K. Liberty Broadband, Charter and the other named defendants in the Complaints deny
that they have violated any laws or breached any fiduciary duties. Nothing in this Current Report on Form 8-K shall be deemed an
admission of the legal necessity or materiality under applicable laws of any of the disclosures set forth herein or in the joint proxy
statement/prospectus. To the contrary, Liberty Broadband, Charter and the other named defendants in the Complaints specifically deny all
allegations in the Matters and that any additional disclosure was or is required