|Spinoff Name||Spinoff Symbol||Announced Date||Spinoff Date||First Day Closing||Spinoff Last Price||Spinoff Performance||Spinoff Current Volume||Parent Name||Parent Symbol||Parent First Day Closing||Parent Last Price||Parent Performace||Parent Current Volume||Type|
|Rafael Holdings, Inc.||RFL||11/01/2017||03/27/2018||4.9||6.5||32.65%||102,560||IDT Corporation||IDT||8.24||5.83||-29.25%||3,174||Spinoff|
IDT Corporation, spinoff details:
November 1, 2017: IDT Corporation (IDT) announced that its wholly-owned subsidiary, Rafael Holdings, Inc. (Rafael), has filed a Form 10 Registration Statement with the Securities and Exchange Commission related to the planned spin-off of Rafael to IDT stockholders.
March 2, 2018: IDT Corporation (IDT) and Rafael Holdings today announced that the SEC has completed its review of the registration statement and information statement related to the spin-off of IDT's Rafael Holdings subsidiary to IDT stockholders. The record date for IDT stockholders entitled to receive the distribution of Rafael Holdings stock has been changed to March 13, 2018, and the distribution date for the spin-off has been changed to on or about March 26, 2018.
March 27, 2018: Rafael Holdings (RFL) and IDT Corporation (IDT) announced the successful completion of the spin-off of Rafael Holdings from IDT following the distribution yesterday of RFL common stock to IDT stockholders. Rafael Class B Common Stock begins the 'regular way' trading today on the NYSE American exchange with the ticker symbol 'RFL'.
|Red Violet, Inc.||RDVTV||09/07/2017||03/26/2018||34||46.4||36.47%||5,066||Cogint, Inc.||COGT||3.35||2.75||-17.91%||323,412||Carve Out|
Cogint, Inc., spinoff details:
September 7, 2017: Cogint (COGT) announced that as part of its definitive transaction agreement with BlueFocus International Limited, immediately prior to the closing, cogint will spin-off its data and analytics operations and assets into a public company, expected to be listed on NASDAQ, named Red Violet, Inc.. The shares of Red Violet will be distributed to cogint’s shareholders as of a record date to be determined as a stock dividend upon closing of the transaction.
February 13, 2018: Cogint (COGT), announced its plan to spin-off its data and analytics business, Red Violet, earlier than previously anticipated. The Company expects to announce a record date for the spin-off within the next 30 days, subject to the SEC's clearance of the Red Violet Registration Statement on Form 10 and meeting all other conditions to the spin-off.
February 20, 2018: Cogint (COGT) announced an update to the transaction previously entered into with BlueFocus International Limited. As a condition to closing the transaction, the parties sought regulatory approval by the Committee on Foreign Investment in the United States (CFIUS). As a result of the political climate regarding Chinese-based acquirers of U.S. companies, CFIUS has indicated its unwillingness to approve the transaction. Therefore, the parties have withdrawn their application and terminated the business combination agreement. cogint will continue with the accelerated spin-off of Red Violet, and expects to announce a record date for the spin-off within the next few weeks.
March 1, 2018: Cogint (COGT) announced an update regarding its pending spin-off of its wholly-owned data and analytics subsidiary, Red Violet, through a dividend to shareholders.
March 7, 2018: Cogint (COGT) announced that its Board of Directors has established March 19, 2018 as the record date and March 26, 2018 as the distribution date for its previously announced spin-off of its data and analytics subsidiary, Red Violet (“Red Violet”). The spin-off will occur by way of a dividend of one share of Red Violet common stock for every six shares of cogint common stock held on the Record Date. Following the Distribution Date, Red Violet will be an independent, publicly-traded company listed on the NASDAQ under the symbol “RDVT.” cogint common stock will continue to trade on the NASDAQ under the ticker symbol “COGT.”
March 26, 2018: On March 26, 2018 Cogint (COGT) completed the previously announced spin-off of its risk management business from its digital marketing business by way of a distribution of all the shares of common stock of the Company’s wholly-owned subsidiary, Red Violet, Inc. (RDVTV) on a pro rata basis to the Company’s stockholders. Upon the Spin-off, Cogint continues to trade on NASDAQ, with Fluent, LLC being its wholly-owned subsidiary.
|GCI Liberty, Inc.||GLIBA||04/04/2017||03/09/2018||54.73||52.86||-3.42%||13,262||Liberty Ventures||LVNTA||53.42||53.42||0.00%||3,387,981||Splitoff|
Liberty Ventures, spinoff details:
April 4, 2017: Liberty Interactive Corporation (LVNTA) and General Communication (GNCMA) today announced that they have entered into a definitive agreement whereby Liberty Interactive will acquire GCI through a reorganization in which certain Liberty Ventures Group assets and liabilities will be contributed to GCI in exchange for a controlling interest in GCI. Liberty Interactive will then effect a tax-free separation of its controlling interest in the combined company (to be named GCI Liberty, Inc. (“GCI Liberty”)) to the holders of Liberty Ventures common stock in full redemption of all outstanding shares of such stock.
March 1, 2018: Liberty Interactive Corporation (LVNTA) announced that it will rename itself "Qurate Retail Group." Liberty Interactive will begin using this new name once the company completes the split-off of GCI Liberty following the previously announced acquisition of GCI Liberty (GNCMA), and will formally effect this name change at a later date.
March 9, 2018: Liberty Interactive Corporation (LVNTA) and GCI Liberty (GLIBA) announced the completion of LIC’s previously announced acquisition of GCI Liberty (formerly General Communication, Inc. or GCI) and series of transactions that effected the split-off of GCI Liberty.
|Colony Northstar Credit Real Estate||CLNC||08/28/2017||02/01/2018||20.40||19.56||-4.12%||322,378||Colony NorthStar, Inc.||CLNS||8.93||5.6762||-36.44%||166,351||Spinoff|
Colony NorthStar, Inc., spinoff details:
August 28, 2017: Colony NorthStar (CLNS), NorthStar Real Estate Income Trust, a public, non-traded REIT (“NorthStar I”), and NorthStar Real Estate Income II, a public, non-traded REIT (“NorthStar II”), announced that they have entered into a definitive tri-party agreement under which a select portfolio of Colony NorthStar assets and liabilities will combine with NorthStar I and NorthStar II in an all-stock combination transaction to create a leading commercial real estate credit REIT with approximately $5.5 billion in assets and $3.4 billion in equity value. The transaction has been approved by the board of directors of Colony NorthStar and unanimously approved by the special committees and boards of directors of NorthStar I and NorthStar II. The combined company will be named “Colony NorthStar Credit Real Estate”.
February 1, 2018: Colony NorthStar Credit Real Estate (CLNC) announced the listing of its Class A common stock on the New York Stock Exchange. Trading of the Company’s Class A common stock will officially commence ON February 1, 2018 under the ticker symbol “CLNC.”
|Liberty Latin America Ltd.||LILAK||08/08/2017||12/29/2017||21.66||19.91||-8.08%||292,795||Liberty Global plc||LBTYA||36.21||32.3||-10.80%||162,169||Splitoff|
Liberty Global plc, spinoff details:
August 8, 2017: Liberty Global (LBTYA) said that it remains on track for a spin-off of its Latin American arm known as LiLAC by the end of the year, as it readies the division for an expected industry shake-up in the region.
|Newmark Group Inc.||NMRK||02/09/2017||12/15/2017||13.95||15.78||13.12%||300,328||BGC Partners, Inc.||BGCP||15.43||13.7||-11.21%||52,771||Carve Out|
BGC Partners, Inc., spinoff details:
February 9, 2017: BGC Partners (BGCP) announced that it has confidentially submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to the proposed initial public offering of the Class A common stock of a newly formed subsidiary that will hold BGC’s Real Estate Services business, which operates as “Newmark Grubb Knight Frank”, or “NGKF”.
December 15, 2017: BGC Partners (BGCP) and Newmark Group, Inc., a subsidiary of BGC that holds BGC’s Real Estate Services business, announced the pricing of Newmark’s initial public offering of 20 million shares of Newmark’s Class A common stock at a price to the public of $14.00 per share. Newmark’s Class A shares are expected to begin trading on December 15, 2017 on the NASDAQ Global Select Market under the symbol (NMRK), and the IPO is expected to close on or about December 19, 2017, subject to customary closing conditions.
Premium member can access all Completed Spinoffs. Subscribe today.