other material
confidence high
sentiment neutral
materiality 0.65
NCR sets Oct 2 record date, Oct 16 distribution for Atleos spin-off; ticker to change to VYX
NCR Voyix Corp
- Record date 5:00 p.m. NY time Oct 2; distribution effective 5:00 p.m. Oct 16, 2023.
- Stockholders receive 1 share of Atleos (NATL) for every 2 shares of NCR held on record date.
- NCR to rename NCR Voyix; ticker changes to VYX on Oct 17. No action required by holders.
- Atleos expected to begin regular-way trading on NYSE under NATL on Oct 17.
- Distribution conditioned on completion of acceptable debt financing by Atleos.