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Honeywell International Inc. announced plans to spin off its Advanced Materials business, Solstice Advanced Materials Inc., into an independent, publicly traded company. According to a statement released Friday in a filing with the Securities and Exchange Commission, Honeywell will distribute all issued and outstanding shares of Solstice Advanced Materials common stock to Honeywell shareholders.
The distribution is scheduled for 12:01 a.m. (New York City time) on October 30, 2025. Holders of record of Honeywell common stock as of the close of business on October 17, 2025, will receive one share of Solstice Advanced Materials common stock for every four shares of Honeywell common stock held.
Following the completion of the spin-off, Solstice Advanced Materials is expected to begin regular-way trading on The Nasdaq Stock Market LLC under the ticker symbol NASDAQ:SOLS on October 30, 2025.
Honeywell stated that the completion of the spin-off is subject to certain conditions outlined in the Separation and Distribution Agreement filed with the SEC. The final information statement describing the transaction was made available Friday and is expected to be mailed to Honeywell shareholders.
Solstice Advanced Materials Inc. is currently a wholly owned subsidiary of Honeywell and is classified under the aircraft engines and engine parts sector. The company is incorporated in Delaware and is headquartered in Morris Plains, New Jersey.
This information is based on a press release statement contained in the company’s SEC filing.
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