secwatch.observer — SEC 8-K summary
======================================

Issuer:     NCR Voyix Corp (VYX)
CIK:        0000070866
Form:       8-K/A
Filed at:   2023-10-20T23:59:59+00:00
Accession:  0000070866-23-000035
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 9.01, 2.01
LLM model:  deepseek-v4-flash:cloud@v2

NCR Voyix completes spin-off of NCR Atleos; VYX begins trading ex-Atleos
------------------------------------------------------------------------

- Distribution of 1 Atleos share per 2 Voyix shares effective Oct 16, 2023; Atleos now trades as NATL on NYSE.
- Pro forma balance sheet at June 30, 2023 shows Voyix standalone total assets of $5.154B and long-term debt of $2.399B.
- Atleos provided ~$3.003B cash to Voyix to repay debt; Voyix retains no Atleos shares after distribution.
- Pro forma continuing ops net loss of $81M for H1 2023 (EPS -$0.64) vs historical net income of $29M including Atleos.
- Voyix common stock moved from ticker NCR to VYX on NYSE effective Oct 17, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/70866/000007086623000035/0000070866-23-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/70866/000007086623000035/ncr-20231013.htm
  HTML page:      https://secwatch.observer/filing/0000070866-23-000035

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer