Item 4 — Purpose of Transaction
Item 4 of the Schedule 13D is hereby amended and supplemented as follows: On September 23, 2025, the shareholders of the Issuer voted to approve the Agreement and Plan of Merger, dated July 9, 2025, by and among the Issuer, Hearst Media West, LLC, a Delaware limited liability company ("Parent"), Destiny Merger Sub, Inc., a Texas corporation and wholly owned subsidiary of Parent ("Merger Sub"), and, solely for the purposes specified therein, Hearst Communications, Inc. (as amended from time to time, the "Merger Agreement"). Pursuant to the Merger Agreement, on September 24, 2025, Merger Sub merged with and into the Issuer, with the Issuer surviving as a wholly owned subsidiary of Parent (the "Merger") and, at the time of the Merger, each issued and outstanding share of Series A Common Stock beneficially owned by the Reporting Persons was cancelled and extinguished and automatically converted into the right to receive cash in the amount equal to $16.50, without interest and less any applicable withholding taxes.