Overview
Announcements

Merger | PARAMOUNT GLOBAL & PARAMOUNT SKYDANCE CORP CLASS B | 7th August 2025

On July 7, 2024 PARAMOUNT GLOBAL and SKYDANCE MEDIA announced the signing of a definitive agreement to combine and form a new company to be named PARAMOUNT SKYDANCE CORP. Under the terms of the agreement, PARAMOUNT GLOBAL shareholders may elect to receive cash or stock as a consideration for their shares. The deadline to make an election was 5:00 PM EST on July 31, 2025. Non-electing PARAMOUNT GLOBAL shareholders will receive the applicable stock consideration in exchange for their shares. Non-electing PARAMOUNT GLOBAL Class A shareholders will receive 1.5333 shares of PARAMOUNT SKYDANCE CORP CLASS B common stock per each share held. Non-electing PARAMOUNT GLOBAL Class B shareholders will receive 1 share of PARAMOUNT SKYDANCE CORP CLASS B common stock per each share held. The merger is expected to be completion on August 7, 2025. Trading in shares of PARAMOUNT GLOBAL Class A and B shares will be halted effective August 7, 2025. As a result of the merger, PARAMOUNT SKYDANCE CORP CLASS B shares are expected to be listed on the Nasdaq Global Select Market effective August 7, 2025 under the symbol PSKY.

**Solactive will be treating this event as a merger of equals. PARAA will be acquired by PARA based on the Class A stock consideration. Immediately following the merger adjustment, PARA will undergo a symbol change to PSKY, and name change to PARAMOUNT SKYDANCE CORP CLASS B.***

The treatment below will be applied to the following indices:

  • PARAMOUNT GLOBAL will be removed from the Index.
  • The shares of PARAMOUNT SKYDANCE CORP CLASS B (PSKY.OQ) will be increased according to the stock terms of the transaction.
  • Effective Date (open): 07/08/2025

Knights of Columbus U.S. All Cap Index
Knights of Columbus U.S. All Cap Index PR
Solactive U.S. Large & Mid Cap Minimum Downside Volatility 100 Index TR
Solactive US Broad Market Index (GTR)
Solactive US Broad Market Index (PR)
Solactive US Extended Broad Market Index (GTR)
Solactive US Large & Mid Cap Index (GTR)
Solactive US Large & Mid Cap Index (PR)
Solactive US Small & Mid Cap Index (GTR)
Solactive US Small & Mid Cap Index (PR)