other material
confidence high
sentiment neutral
materiality 0.70
Enhabit spin-off from Encompass cleared; distribution 1-for-2 on July 1
Enhabit, Inc.
- Registration statement on Form 10 became effective June 17, 2022.
- Encompass shareholders receive 1 share of EHAB for every 2 Encompass shares as of June 24 record date.
- Distribution expected at 12:01 a.m. ET on July 1, 2022.
- When-issued trading under 'EHAB WI' begins June 23; regular-way 'EHAB' starts July 1 on NYSE.