As filed with the Securities and Exchange Commission on March 8, 2018

 

Registration No. 333-219619

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Post-Effective Amendment No. 3
to

 

Form S-4

 

REGISTRATION STATEMENT

UNDER

THE SECURITIES ACT OF 1933

 

GCI Liberty, Inc.

(Exact name of registrant as specified in its charter)

 

 

2550 Denali Street
Suite 1000
Anchorage, Alaska 99503
(907) 868-5600

(Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices)

 

Tina Pidgeon, Esq.
General Counsel
GCI Liberty, Inc.
2550 Denali Street
Suite 1000
Anchorage, Alaska 99503

(907) 868-5600

(Name, address, including zip code, and telephone number, including area code, of agent for service)

 

Copies to:

 

 

Approximate date of commencement of the proposed sale of the securities to the public:

As soon as practicable upon the conditions to completion of the applicable transactions described in the enclosed document have been satisfied or waived, as applicable.

 

If the securities being registered on this Form are being offered in connection with the formation of a holding company and there is compliance with General Instruction G, check the following box. o

 

If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act of 1933, as amended, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. o

 

If this Form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. x Registration No. 333-219619

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act. (Check one):

 

Large accelerated filer o

Accelerated filer x

Non-accelerated filer o (Do not check if a smaller reporting company)

Smaller reporting company o Emerging growth companyo

 

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 7(a)(2)(B) of the Securities Act. o

 

If applicable, place an X in the box to designate the appropriate rule provision relied upon in conducting this transaction:

 

Exchange Act Rule 13e-4(i) (Cross-Border Issuer Tender Offer) o

 

Exchange Act Rule 14d-1(d) (Cross Border Third-Party Tender Offer) o

 

 

 

EXPLANATORY NOTE

 

This Post-Effective Amendment No. 3 to Form S-4 amends the Registration Statement on Form S-4 of GCI Liberty, Inc. (formerly known as General Communication, Inc.), an Alaska corporation (the “Registrant”) (Registration No. 333-219619), as amended prior to the date hereto (the “Registration Statement”), which was declared effective by the Securities and Exchange Commission (the “SEC”) on December 28, 2017.

 

On March 8, 2018, at approximately 4:01 p.m., New York City time, subject to the satisfaction (or waiver, if applicable or permitted) of the conditions thereto, the Registrant will file a Current Report on Form 8-K with the SEC to effect the automatic conversion of the Registrant’s common stock in accordance with the Registrant’s amended and restated articles of incorporation.  As a result, upon the acceptance time set forth in the accession notice for such Current Report on Form 8-K, each outstanding share of the Registrant’s Class A-1 common stock, no par value, and Class B-1 common stock, no par value, will convert into (i) 0.63 of a share of the Registrant’s Class A common stock, no par value, and (ii) 0.2 of a share of the Registrant’s Series A Cumulative Redeemable Preferred Stock.

 

This Post-Effective Amendment No. 3 is being filed for the sole purpose of (i) replacing Exhibit 8.2: Form of Opinion of Sherman & Howard L.L.C. regarding certain tax matters, previously filed with the Registration Statement, with a final, executed version of Exhibit 8.2 and (ii) updating Item 21 of Part II of the Registration Statement. The Registration Statement is hereby amended, as appropriate, to reflect the replacement of such exhibit.

 

Item 21. Exhibits and Financial Statement Schedules

 

2.1		Agreement and Plan of Reorganization, dated as of April 4, 2017, by and among Liberty Interactive Corporation, Liberty Interactive LLC and General Communication, Inc. (included as Annex A to the joint proxy statement/prospectus forming a part of this registration statement and incorporated herein by reference).
2.2		Amendment No. 1 to Reorganization Agreement, dated as of July 19, 2017, by and among Liberty Interactive Corporation, Liberty Interactive LLC and General Communication, Inc. (included as Annex B to the joint proxy statement/prospectus forming a part of this registration statement and incorporated herein by reference).
2.3		Amendment No. 2 to Reorganization Agreement, dated as of November 8, 2017, by and among Liberty Interactive Corporation, Liberty Interactive LLC and General Communication, Inc. (included as Annex C to the joint proxy statement/prospectus forming a part of this registration statement and incorporated herein by reference).
3.1		Amended and Restated Articles of Incorporation of GCI Liberty, Inc. (incorporated by reference to Exhibit 3.1 to GCI Liberty, Inc.’s Registration Statement on Form 8-A, filed with the Securities and Exchange Commission on March 8, 2018 (File No. 001-38385)).
3.2		Amended and Restated Bylaws of General Communication, Inc., effective as of August 21, 2017 (filed as Exhibit 3.1 to General Communication, Inc.’s Current Report on Form 8-K (SEC File No. 000-15279) filed with the SEC on August 23, 2017 and incorporated herein by reference).
4.1		Specimen Certificate for shares of Class A-1 Common Stock of the Registrant.**
4.2		Specimen Certificate for shares of Class B-1 Common Stock of the Registrant.**
4.3		Specimen Certificate for shares of Class A Common Stock of the Registrant.**
4.4		Specimen Certificate for shares of Class B Common Stock of the Registrant.**
4.5		Specimen Certificate for shares of Series A Cumulative Redeemable Preferred Stock of the Registrant.**
5.1		Opinion of Stoel Rives LLP as to the legality of the securities being registered.**
8.1		Form of Opinion of Skadden, Arps, Slate, Meagher & Flom LLP regarding certain tax matters.*/**
8.2		Opinion of Sherman & Howard L.L.C. regarding certain tax matters.
10.1		Voting Agreement, dated as of April 4, 2017, by and among Liberty Interactive Corporation, General Communication, Inc., John C. Malone and Leslie Malone (included as Annex F to the joint proxy statement/prospectus forming a part of this registration statement and incorporated herein by reference).

 

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10.2		Voting Agreement, dated as of April 4, 2017, by and among Liberty Interactive Corporation, General Communication, Inc., John W. Stanton and Theresa E. Gillespie (included as Annex G to the joint proxy statement/prospectus forming a part of this registration statement and incorporated herein by reference).
10.3		Voting Agreement, dated as of April 4, 2017, by and among Liberty Interactive Corporation, General Communication, Inc., Ronald A. Duncan and Dani Bowman (included as Annex H to the joint proxy statement/prospectus forming a part of this registration statement and incorporated herein by reference).
10.4		Form of GCI Liberty, Inc. Transitional Stock Adjustment Plan.**
10.5		Form of GCI Liberty, Inc. 2018 Omnibus Incentive Plan.**
10.6		Form of Indemnification Agreement by and among Liberty Interactive Corporation, Liberty Interactive LLC, GCI Liberty, Inc. and LV Bridge, LLC (filed as Exhibit 10.2 to Liberty Interactive Corporation’s Current Report on Form 8-K (SEC File No. 001-33982) filed with the SEC on November 9, 2017 (the “8-K”) and incorporated herein by reference).
10.7		Form of Tax Sharing Agreement by and among Liberty Interactive Corporation and GCI Liberty, Inc. (filed as Exhibit 10.3 to the 8-K and incorporated herein by reference).
10.8		Forms of Aircraft Time Sharing Agreements.**
10.9		Form of Facilities Sharing Agreement by and among GCI Liberty, Inc., Liberty Media Corporation and Liberty Property Holdings, Inc.**
10.10		Form of Services Agreement by and between Liberty Media Corporation and GCI Liberty, Inc.**
12.1		Computation of Ratio of Combined Fixed Charges and Preference Dividends to Earnings.**
21.1		List of Subsidiaries.**
23.1		Consent of Stoel Rives LLP (included in Exhibit 5.1).**
23.2		Consent of Skadden, Arps, Slate, Meagher & Flom (included in Exhibit 8.1).**
23.3		Consent of Sherman & Howard L.L.C. (included in Exhibit 8.2).
23.4		Consent of Grant Thornton LLP (with respect to financial statements of General Communication, Inc.).**
23.5		Consent of KPMG LLP (with respect to financial statements of Liberty Interactive Corporation).**
23.6		Consent of KPMG LLP (with respect to financial statements of Liberty Broadband Corporation).**
23.7		Consent of KPMG LLP (with respect to the combined balance sheets of Liberty Interactive Corporation’s and Liberty Interactive LLC’s entire equity interests in Liberty Broadband Corporation, Charter Communications, Inc., FTD Companies, Inc. and LendingTree, Inc., together with the Evite, Inc. operating business and certain other assets and liabilities).**
23.8		Consent of Deloitte & Touche LLP (with respect to financial statements of FTD Companies, Inc.).**
24.1		Power of Attorney.**
99.1		Consent of Lazard Frères & Co. LLC.**
99.2		Executive and Director Compensation, extracted from the 2017 annual proxy statements on Schedule 14A of each of Liberty Media Corporation and Liberty Interactive Corporation, filed with the SEC on April 20, 2017.**

 

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99.3		Proxy Card of General Communication, Inc.**
99.4		Proxy Card of Liberty Interactive Corporation (included in the definitive proxy statement of Liberty Interactive Corporation on Schedule 14A filed with the SEC on December 29, 2017 and incorporated herein by reference).

 

* An executed opinion will be delivered in connection with the completion of the split-off of the Registrant from Liberty Interactive and will be filed as an exhibit to a post-effective amendment to this Registration Statement.

** Previously filed

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Act, the registrant has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Anchorage, Alaska, on March 8, 2018.

 

	GCI Liberty, Inc.
	By:	/s/ Peter J. Pounds
		Name: Peter J. Pounds
		Title: Senior Vice President, Chief Financial Officer and Secretary

 

 

Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement has been signed by the following persons in the capacities and on the dates indicated:

 

 

 

 

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