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Stock offerings

Fox Corporation Announces Secondary Offering of Class B Common Stock

Strategic Insights

— 1 min read

Fox Corporation, a media company, has announced a secondary offering of its Class B common stock. The offering is intended to raise funds for the trusts established for the benefit of Prudence MacLeod, Elisabeth Murdoch, and James Murdoch and his or her respective descendants and charitable organizations. The Company will not sell any shares of Class B common stock in the offering and will not receive any proceeds from the sale. Morgan Stanley is acting as the sole underwriter for the offering.

The proposed offering involves the sale of 16,926,837 shares of Class B common stock, with the proceeds going entirely to the Selling Stockholders. The Company has previously filed a registration statement on Form S-3 with the U.S. Securities and Exchange Commission, which includes a prospectus. The preliminary prospectus supplement for the offering will be filed with the SEC, and interested investors can access the prospectus and other documents on the Company's website or through the SEC's website at www.sec.gov.

Key Takeaways:

  • Fox Corporation is undertaking a secondary offering of Class B common stock to raise funds for trusts established for the benefit of key stakeholders, including Prudence MacLeod, Elisabeth Murdoch, and James Murdoch and his descendants.
  • The offering involves the sale of 16,926,837 shares of Class B common stock, with the proceeds going entirely to the Selling Stockholders.
  • Morgan Stanley is acting as the sole underwriter for the offering, and the Company will not sell any shares of Class B common stock in the offering or receive any proceeds from the sale.
  • Fox Corporation has previously filed a registration statement on Form S-3 with the SEC, which includes a prospectus, and a preliminary prospectus supplement for the offering will be filed with the SEC.
  • The offering is subject to market and other conditions, and there can be no assurance as to whether or when the Offering may be completed.

Statistics:

  • Total number of shares involved in the offering: 16,926,837
  • Proceeds to be received by Selling Stockholders: Entire proceeds from the sale of the shares
  • Number of Selling Stockholders: Unclear
  • Industry: Media and Entertainment
  • Global market value of Fox Corporation: Unclear

Sources:

  • Fox Corporation. Fox Corporation Announces Secondary Offering of Class B Common Stock. Published September 8, 2025. Furrther information can be accessed at Corp-Press-Releases/2025 Fox Corporation Announces Secondary Offering of Class B Common Stock/

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