| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 12,296 | $2.75M | $2.75M | - | - |
Timothy M. Bidwell Hazlett, BURT & WATSON Inc. | 1,618 | $361 | $361 | - | - |
| LC Lisa Candera CIGNA INVESTMENTS Inc. /NEW | 3,007 | $673,000 | $673,000 | - | - |
Nelson Arrington V. M. MANNING & CO. Inc. | 4,878 | $1.08M | $1.08M | - | - |
Tom McDonald Richards, MERRILL & PETERSON Inc. | 3,032 | $678,876 | $678,876 | - | - |
| Industrial Conglomerates Industry | Industrials Sector | Vimal M. Kapur CEO | NASDAQ (NGS) Exchange | 438516205 CUSIP |
| US Country | 102,000 Employees | - Last Dividend | - Last Split | - IPO Date |
This entity represents a new venture known as Solstice Advanced Materials Inc., formed as part of Honeywell’s strategic initiative to spin off its Advanced Materials business. The creation of this “ex-distribution / when-issued” security signifies an important transition for both the parent company, Honeywell, and the newly established subsidiary. The transaction will facilitate the distribution of shares whereby existing Honeywell shareholders will benefit from the spin-off, receiving one share of Solstice common stock for every four shares of Honeywell stock they own as of the designated record date. This move is anticipated to optimize shareholder value by allowing each entity to focus on its core competencies and strategic goals.