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FWONK vs NMAX

Liberty Media Corporation Series C Common Stock and Newsmax, Inc.

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Liberty Media Corporation Series C Common Stock

Formula One Group, together with its subsidiaries, engages in the motorsports business in the United States and the United Kingdom. The company holds commercial rights for the FIA Formula One World Championship, an annual nine-month long motor race-based competition in which teams compete for the Constructors' championship and drivers compete for the Drivers' championship. It is also involved in the provision of ticket and hospitality packages to sports and entertainment events; licensing, television production, and other ancillary activities; and provision and sale of freight, logistical, and travel services, as well as the operation of Formula 2, Formula 3 and F1 Academy series. The company was founded in 1950 and is headquartered in Englewood, Colorado. Formula One Group is a subsidiary of Liberty Media Corporation.

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Newsmax, Inc.

Newsmax Inc., through its subsidiaries, operates as a television broadcaster and multi-platform content publisher in the United States. It operates through two segments: Broadcasting and Digital. The Broadcasting segment produces and licenses news, business news, and lifestyle content for distribution through cable television systems, direct broadcast satellite operators, and telecommunication companies. This segment also provides programming services through Newsmax and Newsmax2, which offer 24/7 television news and informational programming channels through cable and digital streaming platforms; and World at War that offers 24/7 historical documentaries and movies. The Digital segment provides online advertising services, including online display, email advertising, other online placements, and print advertisements; subscriptions, including a collection of specialized health and financial newsletters, Newsmax Magazine, and online membership programs; and sells nutraceutical and nonfiction books on political, financial, and health-related topics. The company was founded in 1998 and is headquartered in Boca Raton, Florida. Newsmax Inc. operates as a subsidiary of the Christopher Ruddy Revocable Trust.

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