Liberty Broadband Rights Offering Sets Subscription Price

Liberty Broadband Rights Offering Sets Subscription Price

Snack-Sized Version:

The Liberty Broadband rights offering terms have been finalized, offering a discounted entry point for existing shareholders. On November 25, 2025, the company’s subsidiary, GCI Liberty, announced that it will distribute rights to purchase Series C GCI Group common stock at a subscription price of $27.20 per share. This price represents an approximate 20 percent discount to the recent volume-weighted average trading price. The rights distribution is set to commence for holders of record as of late November. Liberty Broadband Press Release.


Deal: At a Glance
Value / price$27.20 subscription price.
ConsiderationSeries C Rights.
Premium~20% discount to VWAP.
Expected closeCommences Nov 26, 2025.
RationaleCapital structure optimization.

Source: Joint press release; 8-K; merger filing.




Read the Full Meal:

Liberty Broadband has finalized the terms of its rights offering, creating a discounted entry point for existing shareholders. On November 25, 2025, subsidiary GCI Liberty announced it will distribute rights to purchase Series C GCI Group common stock at a subscription price of $27.20 per share. This price reflects an approximate 20 percent discount to the recent volume-weighted average. The company will begin the rights distribution for holders of record in late November. Liberty SEC Filings.

Capital Strategy

  • Capital allocation: Rights offering allows for equity fundraising without traditional secondary offering costs.
  • Growth drivers: Proceeds may fuel further investment in the Charter ecosystem.
  • Margins: N/A for this transaction type.
  • Risks: Dilution for shareholders who do not exercise their rights.

Quick links

Why this can matter for LBRDK holders

  • Continuity: Participation allows shareholders to maintain their proportional ownership.
  • Cycle timing: Raising capital during a stock upswing maximizes value.
  • Multiple support: The discount provides an immediate arbitrage or value accumulation opportunity.

What to watch next

  1. Official filing: Review the prospectus supplement for full exercise instructions.
  2. Next event: Rights expiration date (check specific offering documents).
  3. Board, governance, or roadmap: Updates on the eventual Charter merger discussions.

Mini FAQ

What is the subscription price?
The price is set at $27.20 per share.

When do the rights trade?
The ex-dividend date for the rights distribution is expected to be November 26, 2025.

Author

Ed Don

Ed is a writer who is passionate about all financial topics. After starting out in the​ traditional long-form style of online article writing, Ed shifted focus and began contributing snack-sized articles. After the first few articles, Ed's excitement for shorter-length content grew. Today, he's a daily contributor on InvestingSnacks.com.