other material
confidence high
sentiment neutral
materiality 0.75
CompoSecure completes spin-off of Resolute Holdings; distribution ratio 1:12
GPGI, Inc.
- Spin-off effective 12:01 a.m. ET on Feb 28, 2025.
- Shareholders received one RHLD share for every twelve CMPO shares held on Feb 20, 2025 record date.
- Distribution is taxable as a dividend to CompoSecure and its shareholders for U.S. tax purposes.
- Resolute Holdings begins trading on Nasdaq under ticker RHLD; CMPO continues trading on Nasdaq.
- Cash paid in lieu of fractional shares.