Core Viewpoint - GCI Liberty, Inc. has successfully completed its rights offering, raising approximately $300 million for various corporate purposes, including potential strategic acquisitions and debt management [1][2]. Group 1: Rights Offering Details - The rights offering was fully subscribed, resulting in the issuance of 11,059,127 shares of Series C GCI Group common stock [2]. - Approximately 95% of the shares were subscribed through validly exercised basic subscription privileges, with remaining shares allocated pro rata to oversubscribing rightsholders [2]. - The shares purchased in the rights offering were issued on December 23, 2025, with refunds for unfulfilled oversubscriptions expected to be distributed around the same date [3]. Group 2: Company Background - GCI Liberty, Inc. is the parent company of GCI, LLC, which is Alaska's largest communications provider, serving over 200 communities [5]. - The company has invested $4.7 billion in its network and facilities in Alaska over the past 45 years, focusing on expanding and strengthening its statewide network infrastructure [5][6].

Core Points - GCI Liberty, Inc. announced the terms for a rights offering to distribute subscription rights to holders of its Series A, B, and C common stock to acquire Series C GCI Group common stock [1][2] - The rights distribution date is set for November 25, 2025, with a record date of November 24, 2025 [1][3] - Each holder will receive 0.3838 of a Series C GCI Group Right for each share held, with fractional rights rounded up [1][2] - The subscription price for each whole Series C GCI Group Right is $27.20, representing a 20% discount to the average trading price for the ten days ending November 21, 2025 [2] - The ex-dividend date is expected to be November 26, 2025, coinciding with the commencement of the rights offering [3] Company Overview - GCI Liberty, Inc. operates through its wholly owned subsidiary GCI, LLC, which is Alaska's largest communications provider [8][9] - GCI has invested $4.7 billion in its network and facilities over the past 45 years, aiming to enhance connectivity and close the digital divide in Alaska [9]

Core Points - GCI Liberty will participate in a Q&A session during the Liberty Media annual Investor Meeting on November 20, 2025, hosted by John Malone and Derek Chang [1][2] - GCI Liberty is a subsidiary of GCI, LLC, which is Alaska's largest communications provider, serving over 200 communities [3] - GCI has invested $4.7 billion in its network and facilities in Alaska over the past 45 years to enhance connectivity and address the digital divide [3] Company Information - GCI Liberty, Inc. trades on Nasdaq under the symbols GLIBA and GLIBK [4][8] - The company is involved in telecommunications, providing data, voice, and managed services [5] - GCI Liberty has announced a $300 million rights offering for Series C GCI Group common stock, with subscription rights distributed to holders of Series A, B, and C common stock [7]