Fortrea adopts limited-duration rights plan with 10% trigger and 50% discount

Fortrea Holdings Inc.

Rights trigger if any person acquires 10%+ of common stock; other holders can buy shares at 50% discount.
Plan expires June 10, 2026; board may redeem rights at $0.001 per right.
Adopted in response to stock price dislocation and recent third-party interest to capitalize on it.
Record date for rights distribution is June 23, 2025; rights initially trade with common stock.

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