Xperi Holding announces spin-off of Xperi Inc. on Oct 1; stock dividend ratio 4:10

Adeia Inc.

Record date for distribution is Sept 21, 2022; each holder gets 4 Xperi Inc. shares per 10 Xperi Holding shares.
Spin-off expected Oct 1, 2022; Xperi Inc. to list on NYSE under XPER; when-issued trading begins Sept 20.
Upon spin-off, Xperi Holding renames to Adeia Inc., ticker changes to ADEA on Nasdaq.
Xperi Inc. will be fully independent; Xperi Holding retains no ownership.
Spin-off subject to SEC effectiveness of Xperi Inc.'s Form 10 registration statement.

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