secwatch.observer — SEC 8-K summary
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Issuer:     Versigent PLC (VGNT)
CIK:        0002078008
Form:       8-K
Filed at:   2026-04-01T23:59:59+00:00
Accession:  0001193125-26-138219
Event type: other_material
Sentiment:  positive
Materiality: 1.00
Item codes: 1.01, 2.01, 2.03, 3.02, 3.03, 5.03, 5.01, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Versigent completes spin-off from Aptiv, debuts on NYSE with $8.8B revenue, $528M net income
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- Received one Versigent share for every three Aptiv shares held on March 17, 2026; tax-free spin-off.
- New capital structure: $1.35B credit facilities ($500M term loan, $850M revolver) and $1.6B in senior notes (6.125% 2031, 6.375% 2034).
- Appointed Joseph Liotine (CEO), Doug Ostermann (CFO), and new board of seven directors; Paul Meister non-executive chair.
- 2025 financials: $8.8B revenue, $528M net income, $893M adjusted EBITDA; targeting >200bps EBITDA margin expansion and $1B FCF by 2028.
- First quarter 2026 results to be announced May 5, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2078008/000119312526138219/0001193125-26-138219-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2078008/000119312526138219/d52176d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-138219

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer