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MSGS Spinco elects directors, authorizes 165M shares

The amended articles set $0.01 par value per share for Class A common, Class B common and preferred stock.

(Moderate)

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Form Type
8-K

Rhea-AI Filing Summary

MSGS Spinco, Inc. reported that directors were elected on October 20, 2026, with their service effective immediately following Madison Square Garden Sports Corp.’s distribution of all issued and outstanding MSGS Spinco common shares to its stockholders. The directors were designated as elected by holders of either Class A or Class B common stock.

MSGS Spinco filed amended and restated articles authorizing 165,000,000 shares: 120,000,000 Class A common shares, 30,000,000 Class B common shares and 15,000,000 preferred shares. The directors’ biographical and compensation information is incorporated from an Information Statement dated October 9, 2026.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year Governance
The company amended its charter documents, bylaws, or changed its fiscal year.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Total authorized shares 165,000,000 shares Under amended and restated articles filed October 20, 2026
Authorized Class A Common Stock 120,000,000 shares Under amended and restated articles filed October 20, 2026
Authorized Class B Common Stock 30,000,000 shares Under amended and restated articles filed October 20, 2026
Authorized preferred stock 15,000,000 shares Under amended and restated articles filed October 20, 2026
Amended and Restated Articles of Incorporation regulatory
"its Amended and Restated Articles of Incorporation"
A company's amended and restated articles of incorporation are an updated, single-version legal document that replaces its original founding papers to reflect changes in the company’s basic rules—like its capital structure, classes of stock, voting rights, or board arrangements. Investors care because these updates can change who controls the company, how dividends or profits are shared, or whether existing shares are diluted; think of it as an updated blueprint that can alter ownership and value.
par value financial
"Class A Common Stock, par value $0.01 per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
issued and outstanding shares financial
"all of the issued and outstanding shares"
The total number of shares a company has issued and that are currently held by investors, excluding any shares the company has bought back and kept in its treasury. Investors use this count like the number of slices in a pie to calculate market value per share, ownership percentages and per-share metrics such as earnings per share, so it directly affects how the company’s value and each shareholder’s stake are measured.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many shares does MSGR-WI have authorized?

MSGS Spinco’s amended and restated articles authorize 165,000,000 shares: 120,000,000 Class A common shares, 30,000,000 Class B common shares and 15,000,000 preferred shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 20, 2026

 

 

MSGS Spinco, Inc.*

(Exact Name of Registrant as Specified in Charter)

 

 

 

Nevada   001-43449   42-2203884

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

Two Pennsylvania Plaza, New York, NY   10121
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area (212) 465-6500

Not Applicable

(Former name or former address, if changed since last report.)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):

 

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading

Symbol(s)

 

Name of Each Exchange

on Which Registered

Class A Common Stock   MSGR**   New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☒

 

*

MSGS Spinco, Inc. will be renamed “MSG Rangers Corp.” upon the Distribution (as defined herein).

 

**

Upon the Distribution, MSGS Spinco, Inc. will be listed on the New York Stock Exchange (“NYSE”) under the symbol “MSGR”.

 

 
 


Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Election of Directors

On October 20, 2026, the following persons were elected as directors of MSGS Spinco, Inc. (the “Company”) effective immediately following the time of the distribution by Madison Square Garden Sports Corp. (“MSG Sports”) to its stockholders of all of the issued and outstanding shares of Company’s common stock as set forth in Information Statement (the “Information Statement”), dated October 9, 2026, filed as Exhibit 99.1 to the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on October 9, 2026:

Designated as directors elected by the holders of the Company’s Class A Common Stock:

 

  •  

Joseph M. Cohen

 

  •  

Stephen C. Mills

 

  •  

Nelson Peltz

 

  •  

Hans Vestberg

Designated as directors elected by the holders of the Company’s Class B Common Stock:

 

  •  

James L. Dolan

 

  •  

Christopher J. Cox

 

  •  

Kristin A. Dolan

 

  •  

Marianne Dolan Weber

 

  •  

Thomas C. Dolan

 

  •  

Alan D. Schwartz

 

  •  

Brian G. Sweeney

Information concerning these individuals, including biographical and compensation information, is included in the Information Statement. Such information is incorporated into this Item 5.02 by reference.

 

Item 5.03

Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

On October 20, 2026, the Company filed with the Nevada Secretary of State its Amended and Restated Articles of Incorporation (the “A&R Articles”), which authorized 165,000,000 shares for issuance, 120,000,000 shares of which are designated as Class A Common Stock, par value $0.01 per share, 30,000,000 of which are designated as Class B Common Stock, par value $0.01 per share, and 15,000,000 of which are designated as preferred stock, par value $0.01 per share.

The above description is qualified in its entirety by reference to the A&R Articles, which are attached as Exhibit 3.1 to this Current Report on Form 8-K and incorporated into this Item 5.03 by reference.

 

Item 9.01

Financial Statements and Exhibits.

(d) Exhibits

 

3.1    Amended and Restated Articles of Incorporation of MSGS Spinco, Inc. (to be renamed MSG Rangers Corp.), dated October 20, 2026.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    MSGS SPINCO, INC.
Date: October 22, 2026     By:  

/s/ Mark Cresitello

    Name:   Mark Cresitello
    Title:   Senior Vice President, Deputy General Counsel and Secretary

Filing Exhibits & Attachments

1 document

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