Paramount and Skydance Announce Anticipated Closing Date, Deadlines to Elect Merger Consideration and Change of Ticker Symbol Effective at the Closing
1. Paramount and Skydance expect transaction closure on August 7, 2025. 2. Shareholders must elect their form of consideration by July 31, 2025. 3. New Paramount shares to trade under 'PSKY' after the transaction. 4. Trading of PARA and PARAA shares will cease post-transaction. 5. Regulatory delays may affect the transaction timelines and shareholder elections.