SC 13G/A 1 o1113242sc13ga3.htm AMENDMENT NO. 3

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G/A

 

Under the Securities Exchange Act of 1934*

 

(Amendment No. 3) 

 

 

LIBERTY BROADBAND CORPORATION

 (Name of Issuer)

 

Series A Cumulative Redeemable Preferred Stock

(Title of Class of Securities)

 

530307503

(CUSIP Number)

 

September 30, 2024

(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

xRule 13d-1(b)

 

oRule 13d-1(c)

 

oRule 13d-1(d)

 

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

  
 

 

CUSIP No. 530307503

 

  1.  

Names of Reporting Persons.

I.R.S. Identification Nos. of above persons (entities only).

 

Royal Bank of Canada

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

 

(a)

 

(b)

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

Canada

Number of

Shares
Beneficially
Reporting
Person With:

 

  5.  

Sole Voting Power

 

0
  6.  

Shared Voting Power

 

542,899
  7.  

Sole Dispositive Power

 

0
  8.  

Shared Dispositive Power

 

542,899
 

9.

 

 

Aggregate Amount Beneficially Owned by Each Reporting Person        542,899

 

  10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

  11.  

Percent of Class Represented by Amount in Row (9)        7.56%

 

  12.  

Type of Reporting Person (See Instructions)        HC

 

 

  
 

 

Item 1.
(a)Name of Issuer:
Liberty Broadband Corporation
   
(b)Address of Issuer’s Principal Executive Offices:

12300 Liberty Blvd

Englewood, CO 80112

 

Item 2.
(a) Name of Person Filing:
Royal Bank of Canada
     

(b) Address of Principal Business Office or, if none, Residence:
200 Bay Street
Toronto, Ontario M5J 2J5
Canada
     

(c) Citizenship:
Canada
     
(d) Title of Class of Securities:
Series A Cumulative Redeemable Preferred Stock
     
(e) CUSIP Number:
530307503

 

Item 3.If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
  (a) o Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
  (b) o Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
  (c) o Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
  (d) o Investment company registered under section 8 of the Investment Company Act of 1940  (15 U.S.C 80a-8).
  (e) o An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
  (f) o An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
  (g) x A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
  (h) o A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
  (i) o A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
  (j) o A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J);
  (k) o

Group, in accordance with §240.13d-1(b)(1)(ii)(K).

 

Item 4.Ownership

 

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

(a) Amount beneficially owned: 542,899  
     
(b) Percent of class: 7.56%  
     
(c) Number of shares as to which the person has:  
     
  (i) Sole power to vote or to direct the vote
0
  (ii) Shared power to vote or to direct the vote
542,899
  (iii) Sole power to dispose or to direct the disposition of
0
  (iv) Shared power to dispose or to direct the disposition of
542,899
       

Instruction: For computations regarding securities which represent a right to acquire an underlying security see §240.13d-3(d)(1).

 

   
 

 

Item 5.Ownership of Five Percent or Less of a Class

 

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: o.

 

Item 6.Ownership of More than Five Percent on Behalf of Another Person

 

Not applicable.

 

Item 7.Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company

 

1. RBC Capital Markets, LLC, Broker or dealer registered under section 15 of the Act

 

2. City National Rochdale, LLC, an investment adviser registered under Section 203 of the Investment Advisers Act of 1940

 

3. RBC Trust Company (Delaware) Limited, a corporation which beneficially owns less than one percent of the reported securities

 

Item 8.Identification and Classification of Members of the Group

 

Not applicable.

 

Item 9.Notice of Dissolution of Group

 

Not applicable.

 

Item 10.Certification

 

By signing below we certify that, to the best of our knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

By signing below, I also certify that, to the best of my knowledge and belief, the foreign regulatory scheme applicable to the investment adviser is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution.  I also undertake to furnish to the Commission staff, upon request, information that would be disclosed in a Schedule 13D.

 

*In accordance with the SEC Rel. No. 34-39538 (January 12, 1998)(the “1998 Release”), this filing reflects the securities beneficially owned by certain operating units in the City National Bank-related business (collectively, the “City National Bank Reporting Units”) of Royal Bank of Canada and its subsidiaries and affiliates (collectively, "RBC"). This filing does not reflect securities, if any, beneficially owned by any operating units of RBC whose ownership of securities is disaggregated from that of the City National Bank Reporting Units in accordance with the 1998 Release.

 

   
 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Dated: November 13, 2024

 

 

 

  ROYAL BANK OF CANADA  
     
  /s/ Terry Fallon  
     
  Signature  
     
  Terry Fallon/ MD, Head of Regulatory Services  
     
  Name/Title