Resideo spins off ADI Global Distribution, shares to start trading Aug. 4 on NYSE

Resideo announced the spin-off of ADI Global Distribution, with shares set to begin trading on the NYSE under 'ADIG' on August 4, 2026. Shareholders will receive one ADI share for every two Resideo shares held, based on a July 20, 2026 record date. The distribution is expected on August 3, 2026. To support the separation, ADI completed a $400 million senior notes offering and secured credit facilities totaling $1.1 billion.

Resideo set July 20, 2026 as the record date for the spin-off of ADI Global Distribution. * Shareholders are slated to receive 1 share of ADI common stock for every 2 Resideo shares held. * Distribution is expected on Aug. 3, 2026; ADI is expected to start NYSE trading Aug. 4 under “ADIG”. * ADI completed a USD 400 million 7.125% Senior Notes due 2034 offering tied to the separation financing. * ADI also lined up senior secured credit facilities: a USD 600 million term loan facility, a USD 500 million revolving facility. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Resideo Technologies Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607011605PR_NEWS_USPR_____NY94661) on July 01, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

Resideo set July 20, 2026 as the record date for the spin-off of ADI Global Distribution. * Shareholders are slated to receive 1 share of ADI common stock for every 2 Resideo shares held. * Distribution is expected on Aug. 3, 2026; ADI is expected to start NYSE trading Aug. 4 under “ADIG”. * ADI completed a USD 400 million 7.125% Senior Notes due 2034 offering tied to the separation financing. * ADI also lined up senior secured credit facilities: a USD 600 million term loan facility, a USD 500 million revolving facility. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Resideo Technologies Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607011605PR_NEWS_USPR_____NY94661) on July 01, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)