other material
confidence high
sentiment neutral
materiality 0.85
Adeia completes spin-off of Xperi Inc.; name change to Adeia Inc. effective
Adeia Inc.
- Each Adeia stockholder received 4 shares of Xperi Inc. common stock for every 10 shares of Adeia common stock held on record date Sep 21, 2022.
- Adeia changed name from Xperi Holding to Adeia Inc. effective Oct 1, 2022; new ticker ADEA on Nasdaq.
- Multiple separation agreements executed covering tax, employee, IP license, transition services, and data sharing.
- Xperi Inc. becomes independent public company; Adeia retains no ownership interest.