other
confidence high
sentiment neutral
materiality 0.50
Treasure Holdco increases authorized shares to 115.5M for planned spin-off to Berry stockholders
Treasure Holdco, Inc.
- Authorized shares increased from 1,000 to 115,500,000 shares of Common Stock, $0.01 par value.
- Amendment executed in connection with the planned distribution of Spinco shares to Berry Global stockholders.
- Part of Berry's HHNF Business combination with Glatfelter Corporation in a Reverse Morris Trust transaction.
- Enables issuance of shares to facilitate the spin-off and merger with Glatfelter.