Western Digital spin-off of Sandisk cleared by SEC; distribution target Feb 21

WESTERN DIGITAL CORP

SEC declared effective Sandisk's Form 10 on Jan 31; 80.1% of Sandisk shares to be distributed to WDC stockholders.
Record date for distribution is Feb 12, 2025; effective at 11:59 p.m. PT on Feb 21, 2025.
Sandisk shares to trade 'when-issued' under SNDK on Nasdaq starting Feb 13; regular-way trading begins Feb 24.
Western Digital will continue trading under WDC on Nasdaq after spin-off.
Information statement dated Jan 31 mailed to stockholders; conditions to completion apply.

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