Form: SC 13D/A

Schedule filed to report acquisition of beneficial ownership of 5% or more of a class of equity securities

December 5, 2023

EXHIBIT 99.1

NOTICE OF DISSOLUTION

On July 26, 2023, August 31, 2023, September 28, 2023, October 20, 2023 and November 3, 2023, Arturo R. Moreno, SunChase Investments LLC, William A. Pope, Verde Investments, Inc. and Ernest C. Garcia II jointly filed a Schedule 13D and subsequent amendments as a group pursuant to and in accordance with Rule 13(d)(1)(k) promulgated under the Securities Exchange Act of 1934, as amended, with respect to the common stock, $0.01 par value per share, of Clear Channel Outdoor Holdings, Inc. beneficially owned by them.

Notice is hereby given that as of December 5, 2023, Arturo R. Moreno, SunChase Investments LLC, William A. Pope, Verde Investments, Inc. and Ernest C. Garcia II are no longer members of such group. Accordingly, such group has been dissolved and all further filings with respect to transactions in the common stock of Clear Channel Outdoor Holdings, Inc. will be filed, if required, by members of the group, in their individual capacity.

 

Date: December 5, 2023

 

VERDE INVESTMENTS, INC.
By:   /s/ Ernest C. Garcia II
Name:   Ernest C. Garcia II
Title:   President and Chief Executive Officer
ERNEST C. GARCIA II
By:   /s/ Ernest C. Garcia II
Name:   Ernest C. Garcia II
ARTURO R. MORENO
By:   /s/ Arturo R. Moreno
Name:   Arturo R. Moreno
SUNCHASE INVESTMENTS LLC
By:   /s/ William A. Pope
Name:   William A. Pope
Title:   President
WILLIAM A. POPE
By:   /s/ William A. Pope
Name:   William A. Pope