secwatch.observer — SEC 8-K summary
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Issuer:     GENERAL ELECTRIC CO (GE)
CIK:        0000040545
Form:       8-K
Filed at:   2024-02-29T23:59:59+00:00
Accession:  0000040545-24-000040
Event type: other_material
Sentiment:  neutral
Materiality: 0.80
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GE board approves spin-off of GE Vernova; distribution set for April 2, 2024
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- Record date March 19, 2024; shareholders receive 1 GE Vernova share for every 4 GE shares held.
- GE Vernova to list on NYSE as 'GEV' on April 2; when-issued trading begins March 27 under 'GEV WI'.
- Post-spin-off, GE will operate as GE Aerospace under existing ticker 'GE'.
- Spin-off intended to be tax-efficient for U.S. shareholders; subject to conditions described in Form 10.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/40545/000004054524000040/0000040545-24-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/40545/000004054524000040/ge-20240229.htm
  HTML page:      https://secwatch.observer/filing/0000040545-24-000040

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