Comcast said it filed Amended and Restated Articles of Incorporation with the Secretary of State of the Commonwealth of Pennsylvania on December 15, 2025. The company eliminated non-operative provisions relating to Series A Participating Cumulative Preferred Stock, which has no outstanding shares, and integrated into a single instrument a previous amendment that changed Comcast's registered office provider.

1. 01

   Comcast said it filed Amended and Restated Articles of Incorporation with the Secretary of State of the Commonwealth of Pennsylvania on December 15, 2025. The company eliminated non-operative provisions relating to Series A Participating Cumulative Preferred Stock, which has no outstanding shares, and integrated into a single instrument a previous amendment that changed Comcast's registered office provider.

2. 02

   In connection with Comcast's planned spin-off of Versant Media Group, Inc. (SpinCo), the company said it filed Articles of Amendment on the same day after filing the Restated Articles to designate a new Class A Equivalent Preferred Stock. The company said the amendment was adopted by resolution of Comcast's Board of Directors.

3. 03

   Comcast said it entered into an exchange agreement with certain of its wholly-owned subsidiaries (the Exchange Parties) on December 15, 2025 and issued 0.001 Preferred Shares for each share of Class A Common Stock held by the Exchange Parties. The company issued an aggregate of 872,791.0278 Preferred Shares in the exchange.

4. 04

   Comcast said the Preferred Shares are redeemable, at the option of Comcast, for shares of Comcast's Class A Common Stock, and if Comcast completes the distribution of SpinCo Common Stock in the planned spin-off, the Preferred Shares will automatically be redeemed for shares of Comcast's Class A Common Stock at the redemption rate set forth in the Designation Amendment. The company said the exchange is intended to ensure that the Exchange Parties do not receive shares of Class A Common Stock of SpinCo in connection with the planned spin-off.

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Original filing

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