百花视频 Completes Recapitalization into Three Tracking Stocks

ENGLEWOOD, Colo.--(BUSINESS WIRE)-- Today 百花视频听(鈥湴倩ㄊ悠碘) (Nasdaq: LMCA, LMCB, LMCK) completed a previously announced transaction whereby it recapitalized its existing common stock into three new tracking stocks: the 百花视频 Braves common Stock, the 百花视频 common Stock and the 百花视频 SiriusXM common Stock (the 鈥渞ecapitalization鈥). In the recapitalization, each issued and outstanding share of 百花视频鈥檚 existing common stock was reclassified and exchanged for (a) 1 share of the corresponding series of 百花视频 SiriusXM common stock, (b) 0.1 of a share of the corresponding series of 百花视频 Braves common stock and (c) 0.25 of a share of the corresponding series of 百花视频 common stock.

百花视频 anticipates that the newly issued shares will commence trading or quotation in the regular way on the Nasdaq Global Select Market or the OTC Markets, as applicable, on Monday, April 18, 2016 under the following symbols:

Nasdaq Global Select Market

Tracking Stock

Symbol

Series A 百花视频 SiriusXM common stock LSXMA
Series B 百花视频 SiriusXM common stock LSXMB