secwatch.observer — SEC 8-K summary
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Issuer:     Crane NXT, Co. (CXT)
CIK:        0000025445
Form:       8-K
Filed at:   2023-03-08T23:59:59+00:00
Accession:  0001193125-23-064677
Event type: other_material
Sentiment:  neutral
Materiality: 0.80
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Crane Holdings sets spin-off record date March 23, distribution April 3; to rename as Crane NXT, Co.
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- Record date for spin-off: 5:00 p.m. ET on March 23, 2023; effective distribution date: April 3, 2023 at 5:00 p.m.
- Each Crane Holdings shareholder receives 1 share of Crane Company common stock for each share held.
- Post-spin-off, Crane Holdings renamed to Crane NXT, Co.; Crane Company becomes independent publicly traded company.
- Final Information Statement dated March 8, 2023 made public; mailing of notice begins on or around March 16, 2023.
- Press release announces 'ex-distribution' and 'when-issued' trading arrangements; details not provided in filing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/25445/000119312523064677/0001193125-23-064677-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/25445/000119312523064677/d297986d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-064677

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