Honeywell Reports Completion of Solstice Advanced Materials Spin-Off
Summary
On October 30, 2025, Honeywell International Inc. completed the spin-off of its Advanced Materials business, now Solstice Advanced Materials. This was achieved through a pro rata distribution of Solstice Common Stock to Honeywell stockholders, with Solstice shares beginning "regular way" trading on Nasdaq under "SOLS" today (via Ex. 99.1). Post-spin-off, Honeywell no longer consolidates Solstice Advanced Materials within its financial results. * Distribution ratio: 1 share of Solstice Common Stock for every 4 shares of Honeywell Common Stock. * Record date for distribution: October 17, 2025. * Fractional shares will be aggregated and sold for cash. * The spin-off advances Honeywell's plan to create three independent, focused market leaders (via Ex. 99.1).
Why It Matters
The completion of this spin-off, as stated in Exhibit 99.1, "advances Honeywell's plan to create three independent, focused market leaders." This significant corporate restructuring alters Honeywell's business structure and financial reporting, which is material for investors assessing future growth and valuation.
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Key Quote
“"), Honeywell completed the Spin-Off through a pro rata distribution of all of the issued and outstanding shares of common stock of Solstice Advanced Materials, par value $0.01 per share (the ".”
— From Item 8.01
Filing Details
Reported Items
Additional Information
- CIK Number
- 0000773840
- Filing Date
- Thursday, October 30, 2025
- Filing Time
- 12:00 AM UTC
- Form Type
- 8-K
- Materiality Level
- high
- Sentiment
- positive