other material
confidence high
sentiment neutral
materiality 0.25
NCR Atleos amends spin-off notice; distribution still subject to conditions
NCR Atleos Corp
- Amendment No. 1 replaces Exhibit 99.2 (Notice of Internet Availability) for the planned spin-off of NCR Atleos from NCR.
- Spin-off will distribute shares of NCR Atleos common stock pro rata to NCR common stockholders as of the record date.
- Post-spin, NCR and NCR Atleos will be two independent, publicly traded companies; NCR Atleos to rename to NCR Atleos Corporation.
- Notice is for informational purposes only; no proxy or action required from stockholders.
- Distribution subject to conditions described in the Information Statement dated August 14, 2023.