--- schema_version: "secwatch.filing_event.v1" accession: "0001193125-23-257806" form_type: "8-K" ticker: "VYX" cik: "0000070866" company_name: "NCR Voyix Corp" filed_at: "2023-10-17T23:59:59+00:00" generated_at: "2026-06-09T22:55:57.729703+00:00" event_type: "m_and_a" sentiment: "neutral" materiality_score: 0.85 calibrated_materiality_score: 0.85 confidence: "high" source: SEC EDGAR --- # NCR Voyix completes spin-off of Atleos, secures $700M credit facilities ## Summary - Spin-off of Self-Service Banking, Payments & Network and Telecom businesses into NCR Atleos effective Oct 16, 2023. - Voyix entered $700M credit facilities ($500M revolver + $200M term loan); drew $200M term loan and $63M revolver at close. - Atleos retains up to $436.3M cash; must contribute $136.3M to U.S. pension plan within 60 days post-distribution. - Separation agreements include 3-year non-compete, up to 24-month transition services, and patent/trademark cross-licenses. ## SEC filing metadata - accession: 0001193125-23-257806 - form_type: 8-K - ticker: VYX - cik: 0000070866 - company_name: NCR Voyix Corp - filed_at: 2023-10-17T23:59:59+00:00 - event_type: m_and_a - sentiment: neutral - materiality_score: 0.85 - calibrated_materiality_score: 0.85 - confidence: high - sec_items: 1.01, 1.02, 2.01, 2.03, 3.03, 5.03, 5.02, 8.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/70866/000119312523257806/0001193125-23-257806-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/70866/000119312523257806/d569776d8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001193125-23-257806 - JSON: https://secwatch.observer/filing/0001193125-23-257806.json - Plain text: https://secwatch.observer/filing/0001193125-23-257806.txt ## Key facts - Executive change Kevin Reddy was elected as Director at NCR Voyix Corp. - Action: elected - Role: Director source text: each of James G. Kelly, David Wilkinson, Janet B. Haugen, Laura M. Miller and Kevin Reddy was elected as a director of Voyix evidence_url: https://www.sec.gov/Archives/edgar/data/70866/000119312523257806/0001193125-23-257806-index.htm - Executive change James G. Kelly was elected as Director at NCR Voyix Corp. - Action: elected - Role: Director source text: each of James G. Kelly, David Wilkinson, Janet B. Haugen, Laura M. Miller and Kevin Reddy was elected as a director of Voyix evidence_url: https://www.sec.gov/Archives/edgar/data/70866/000119312523257806/0001193125-23-257806-index.htm - Executive change Janet B. Haugen was elected as Director at NCR Voyix Corp. - Action: elected - Role: Director source text: each of James G. Kelly, David Wilkinson, Janet B. Haugen, Laura M. Miller and Kevin Reddy was elected as a director of Voyix evidence_url: https://www.sec.gov/Archives/edgar/data/70866/000119312523257806/0001193125-23-257806-index.htm - Executive change Deborah Farrington resigned as Director at NCR Voyix Corp. - Action: resigned - Role: Director source text: each of Joseph E. Reece, Michael D. Hayford, Mark Begor, Deborah Farrington, Martin Mucci and Glenn W. Welling resigned from his or her position as a director on Voyix’s Board of Directors evidence_url: https://www.sec.gov/Archives/edgar/data/70866/000119312523257806/0001193125-23-257806-index.htm - Executive change Joseph E. Reece resigned as Director at NCR Voyix Corp. - Action: resigned - Role: Director source text: each of Joseph E. Reece, Michael D. Hayford, Mark Begor, Deborah Farrington, Martin Mucci and Glenn W. Welling resigned from his or her position as a director on Voyix’s Board of Directors evidence_url: https://www.sec.gov/Archives/edgar/data/70866/000119312523257806/0001193125-23-257806-index.htm - Executive change James G. Kelly was appointed as Chairman of the Board at NCR Voyix Corp. - Action: appointed - Role: Chairman of the Board source text: James G. Kelly will serve as the chairman of the Voyix Board. evidence_url: https://www.sec.gov/Archives/edgar/data/70866/000119312523257806/0001193125-23-257806-index.htm - Executive change Laura M. Miller was elected as Director at NCR Voyix Corp. - Action: elected - Role: Director source text: each of James G. Kelly, David Wilkinson, Janet B. Haugen, Laura M. Miller and Kevin Reddy was elected as a director of Voyix evidence_url: https://www.sec.gov/Archives/edgar/data/70866/000119312523257806/0001193125-23-257806-index.htm - Executive change Michael D. Hayford resigned as Director at NCR Voyix Corp. - Action: resigned - Role: Director source text: each of Joseph E. Reece, Michael D. Hayford, Mark Begor, Deborah Farrington, Martin Mucci and Glenn W. Welling resigned from his or her position as a director on Voyix’s Board of Directors evidence_url: https://www.sec.gov/Archives/edgar/data/70866/000119312523257806/0001193125-23-257806-index.htm - Executive change David Wilkinson was elected as Director at NCR Voyix Corp. - Action: elected - Role: Director source text: each of James G. Kelly, David Wilkinson, Janet B. Haugen, Laura M. Miller and Kevin Reddy was elected as a director of Voyix evidence_url: https://www.sec.gov/Archives/edgar/data/70866/000119312523257806/0001193125-23-257806-index.htm - Executive change Martin Mucci resigned as Director at NCR Voyix Corp. - Action: resigned - Role: Director source text: each of Joseph E. Reece, Michael D. Hayford, Mark Begor, Deborah Farrington, Martin Mucci and Glenn W. Welling resigned from his or her position as a director on Voyix’s Board of Directors evidence_url: https://www.sec.gov/Archives/edgar/data/70866/000119312523257806/0001193125-23-257806-index.htm - Executive change Glenn W. Welling resigned as Director at NCR Voyix Corp. - Action: resigned - Role: Director source text: each of Joseph E. Reece, Michael D. Hayford, Mark Begor, Deborah Farrington, Martin Mucci and Glenn W. Welling resigned from his or her position as a director on Voyix’s Board of Directors evidence_url: https://www.sec.gov/Archives/edgar/data/70866/000119312523257806/0001193125-23-257806-index.htm - Executive change Mark Begor resigned as Director at NCR Voyix Corp. - Action: resigned - Role: Director source text: each of Joseph E. Reece, Michael D. Hayford, Mark Begor, Deborah Farrington, Martin Mucci and Glenn W. Welling resigned from his or her position as a director on Voyix’s Board of Directors evidence_url: https://www.sec.gov/Archives/edgar/data/70866/000119312523257806/0001193125-23-257806-index.htm - Governance Changes NCR Voyix Corp: Name change from NCR Corporation to NCR Voyix Corporation (effective 2023-10-13). - Change: charter amendment - Effective: 2023-10-13 source text: which became effective at 5:00 p.m., Eastern Time, on October 13, 2023, pursuant to which Voyix changed its name from “NCR Corporation” to “NCR Voyix Corporation” evidence_url: https://www.sec.gov/Archives/edgar/data/70866/000119312523257806/0001193125-23-257806-index.htm - Governance Changes NCR Voyix Corp: Revised advance notice window for stockholder nominations or other business at annual meetings (effective 2023-10-13). - Change: bylaw amendment - Effective: 2023-10-13 source text: from not earlier than the 150th day nor later than 5:00 p.m., Eastern Time, on the 120th day prior to the first anniversary of the date of the proxy statement for the preceding year’s annual meeting to not earlier than the 120th day nor later than 5:00 p.m., Eastern Time, on the 90th day prior to the first anniversary of the prior year’s annual meeting evidence_url: https://www.sec.gov/Archives/edgar/data/70866/000119312523257806/0001193125-23-257806-index.htm - M&A Transactions NCR Voyix Corp completed a disposition involving NCR Atleos Corporation (closed 2023-10-16). - Action: disposition - Counterparty: NCR Atleos Corporation - Closing: 2023-10-16 source text: Voyix completed the Spin-Off through a pro rata distribution to holders of record of Voyix’s common stock, par value $0.01 per share (“Voyix Common Stock”), as of 5:00 p.m. local New York City time on October 2, 2023 (the “Record Date”), of one share of Atleos’ common stock, par value $0.01 per share (“Atleos Common Stock”), for every two shares of Voyix Common Stock held by such Voyix common stockholders as of the Record Date (the “Distribution”). evidence_url: https://www.sec.gov/Archives/edgar/data/70866/000119312523257806/0001193125-23-257806-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.