Skydance Corp Ordinary Shares - Class B

SKYD: XNYS (USA)
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Skydance: Warrant Trading Adjustment Brings Our Fair Value Estimate to $12

Warrants that Skydance shareholders received to offset dilution associated with the firm's acquisition of Warner Bros. Discovery began trading independently on Oct. 14, 2026. Shareholders of the Class B float as of Oct. 13 received one stock warrant for each full share of stock they held.

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