CIBC seeks TSX listing for Honeywell Aerospace CDRs under symbol HONA

CIBC has applied to list new Canadian Depositary Receipts (CDRs) for Honeywell Aerospace on the TSX under the symbol HONA. These CDRs will be distributed 1-for-1 to existing Honeywell CDR holders following Honeywell's planned Aerospace spin-off, targeted for June 29, 2026. The distribution ratio is one Aerospace share for every two Honeywell shares. CIBC reserves the right to cancel the listing if the spin-off does not proceed as outlined.

CIBC moved to list new Canadian Depositary Receipts for Honeywell Aerospace on the TSX under the symbol HONA. * The CDRs are set to be distributed 1-for-1 to holders of Honeywell CDRs tied to Honeywell’s planned Aerospace spin-off. * Honeywell targets the Aerospace share distribution for June 29, 2026, at a ratio of 1 Aerospace share per 2 Honeywell shares. * Honeywell CDRs are expected to trade normally on the TSX until the last session before June 29, then trade ex-distribution. * CIBC retains the right to cancel the planned HONA distribution if the spin-off does not proceed as outlined. 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. CIBC - Canadian Imperial Bank of Commerce published the original content used to generate this news brief on June 17, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here