FOX CORPORATION ANNOUNCES SECONDARY OFFERING OF CLASS B COMMON STOCK

Core Viewpoint - Fox Corporation announced an underwritten public offering of 16,926,837 shares of its Class B common stock, which will be sold by trusts for the benefit of certain Murdoch family members and charitable organizations [1][2]. Group 1: Offering Details - The Selling Stockholders will receive all proceeds from the offering, while the Company will not sell any shares or receive any proceeds [2]. - The offering is subject to market conditions, and there is no assurance regarding its completion [2]. - Morgan Stanley is acting as the sole underwriter for the offering [2]. Group 2: Regulatory Information - The offering will be conducted under an effective registration statement and a prospectus previously filed with the U.S. Securities and Exchange Commission (SEC) [3]. - A preliminary prospectus supplement will be filed for the offering, and interested parties are encouraged to read the relevant documents for complete information [3]. Group 3: Company Overview - Fox Corporation produces and distributes news, sports, and entertainment content through brands like FOX News Media, FOX Sports, Tubi Media Group, and FOX Entertainment [4]. - The Company has a strong track record in the industry, which shapes its strategy to leverage existing strengths and invest in new initiatives [4].