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22:37
In a recently completed equity acquisition transaction, Allen Family Capital disclosed that it actually holds approximately 10.7% of the outstanding common shares of Starz Entertainment Corporation through affiliates.
This shareholding ratio signifies that the investment institution has become an important strategic shareholder of this entertainment content provider. According to public information, this equity acquisition was achieved through a multi-layered transaction structure. After the transaction is completed, Allen Family Capital's total shareholding in Starz has exceeded one-tenth of the company's issued common shares. The calculation of this shareholding ratio is based on the latest disclosed total number of outstanding shares, reflecting that Allen Family Capital's strategic layout in the media and entertainment sector is continuing to deepen. It is worth noting that as a leading pay-TV network operator, changes in Starz's equity structure may have a significant impact on the future direction of its business development. This equity change has also triggered a new round of market attention to the integration trend in the media industry.
22:37
According to the latest filing with the U.S. Securities and Exchange Commission (SEC), Sky Quarry Inc has officially submitted an amendment to its corporate charter.
The core content of this amendment is to implement a reverse stock split at the company level, with a specific ratio of 1 to 8. This measure means that for every 8 shares of common stock currently held by shareholders, they will be consolidated into 1 share after the split takes effect.
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