0001209191-23-045413.txt : 20230811 0001209191-23-045413.hdr.sgml : 20230811 20230811160511 ACCESSION NUMBER: 0001209191-23-045413 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230809 FILED AS OF DATE: 20230811 DATE AS OF CHANGE: 20230811 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Sphere Entertainment Co. CENTRAL INDEX KEY: 0001795250 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-AMUSEMENT & RECREATION SERVICES [7900] FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-41627 FILM NUMBER: 231163978 BUSINESS ADDRESS: STREET 1: TWO PENNSYLVANIA PLAZA CITY: NEW YORK STATE: NY ZIP: 10121 BUSINESS PHONE: (212) 465-6000 MAIL ADDRESS: STREET 1: TWO PENNSYLVANIA PLAZA CITY: NEW YORK STATE: NY ZIP: 10121 FORMER NAME: FORMER CONFORMED NAME: Madison Square Garden Entertainment Corp. DATE OF NAME CHANGE: 20200417 FORMER NAME: FORMER CONFORMED NAME: MSG ENTERTAINMENT SPINCO, INC. DATE OF NAME CHANGE: 20191126 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Madison Square Garden Entertainment Corp. CENTRAL INDEX KEY: 0001952073 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990] IRS NUMBER: 920318813 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 BUSINESS ADDRESS: STREET 1: TWO PENNSYLVANIA PLAZA CITY: NEW YORK STATE: NY ZIP: 10121 BUSINESS PHONE: (212) 465-6000 MAIL ADDRESS: STREET 1: TWO PENNSYLVANIA PLAZA CITY: NEW YORK STATE: NY ZIP: 10121 FORMER COMPANY: FORMER CONFORMED NAME: MSGE Spinco, Inc. DATE OF NAME CHANGE: 20221025 4 1 doc4.xml FORM 4 SUBMISSION X0508 4 2023-08-09 0 0001952073 Madison Square Garden Entertainment Corp. MSGE 0001795250 Sphere Entertainment Co. TWO PENNSYLVANIA PLAZA NEW YORK NY 10121 0 0 1 0 0 Class A Common Stock, par value $0.01 per share 2023-08-09 4 J 0 1922750 34.0718 D 8221188 I By Subsidiary The Reporting Person and MSG Entertainment Holdings, LLC (the "Lender"), a subsidiary of Madison Square Garden Entertainment Corp. (the "Issuer"), are parties to a certain Delayed Draw Term Loan Credit Agreement, dated as of April 20, 2023 (the "Credit Agreement"), pursuant to which the Lender has agreed to provide the Reporting Person with a delayed draw term loan facility (the "DDTL Facility") of up to $65,000,000. Pursuant to the terms of the Credit Agreement, the Reporting Person has the right to make all or a portion of any payments on the DDTL Facility by delivering shares of Class A Common Stock, par value $0.01 per share (the "Class A Common Stock"), of the Issuer. On July 14, 2023, the Reporting Person borrowed an aggregate principal amount of $65,000,000 from the Lender under the DDTL Facility. On August 9, 2023, Sphere Entertainment Group, LLC, a direct subsidiary of the Reporting Person and the direct holder of the Class A Common Stock, delivered 1,922,750 shares of the Class A Common Stock to the Lender as payment for the outstanding principal of the DDTL Facility and all accrued interest and fees thereon. The price of the Class A Common Stock for purposes of repayment of the DDTL Facility was $34.0718 per share, which is based on a twenty-day dollar volume-weighted average price on the day prior to July 26, 2023. /s/ Mark C. Cresitello, Secretary of Sphere Entertainment Co. 2023-08-11