Mergers & Acquisitions ·
Paramount Skydance transfers Class B Common Stock listing from Nasdaq to NYSE, sets record date for distribution of approximately 470 million warrants
PSKYSkydance Corp
Paramount Skydance Corporation announced the voluntary transfer of its Class B Common Stock listing from Nasdaq to the New York Stock Exchange (NYSE), with trading expected to end on Nasdaq around October 5, 2026, and begin on the NYSE around October 6, 2026. The company also set a record date of October 5, 2026, for the distribution of warrants to purchase Class B Common Stock to eligible shareholders, excluding certain restricted holders. Approximately 470 million warrants are expected to be issued on or about October 13, 2026, contingent on the closing of the acquisition of Warner Bros. Discovery. Each warrant entitles the holder to purchase one share at an exercise price capped at $16.02 and floored at $12.00. Paramount Skydance Corporation operates in the media and entertainment industry.