Core Viewpoint - CompoSecure, Inc. has successfully completed the spin-off of its subsidiary, Resolute Holdings Management, Inc., into a separate public company as of February 28, 2025 [1]. Group 1: Spin-off Details - Each stockholder of CompoSecure common stock as of February 20, 2025, received one share of Resolute Holdings common stock for every twelve shares of CompoSecure held [2]. - The distribution of shares in Resolute Holdings will be treated as a taxable dividend for CompoSecure shareholders for U.S. federal and applicable state and local tax purposes [3]. - Resolute Holdings common stock will begin trading on Nasdaq under the ticker symbol "RHLD," while CompoSecure will continue trading under "CMPO" [3]. Group 2: Company Profiles - CompoSecure, founded in 2000, specializes in metal payment cards and security solutions, providing trust and exceptional experiences in both physical and digital transactions [4]. - Resolute Holdings is an alternative asset management platform focused on long-term value creation through operational management services and a systematic approach to capital allocation and M&A [5].
CompoSecure Announces Completion of Spin-Off of Resolute Holdings