Paramount sets October dates for planned distribution of 470 million warrants
Filed with the SEC on · Summarized by InvestorsBot
Paramount Skydance set October 5, 2026, as the record date and expects to distribute about 470 million warrants on or about October 13 to eligible Class B shareholders, subject to the closing of its Warner Bros. Discovery acquisition. Each eligible share is expected to receive one warrant, with an exercise price between $12.00 and $16.02 per share; the warrants are intended for NYSE listing and will expire 10 years after issuance unless ended earlier.