Brief: Composecure Announces Plan To Spin-Off Resolute Holdings Management, Inc. To Form A Differentiated Alternative Asset Management Platform And Accelerate Value Enhancing Acquisitions For Composecure

GPGI (Nevada)

30/12/2024 21:22

Dec 30 (Reuters) - CompoSecure Inc  CMPO.O :
    * COMPOSECURE ANNOUNCES PLAN TO SPIN-OFF RESOLUTE HOLDINGS
MANAGEMENT, INC. TO FORM A DIFFERENTIATED ALTERNATIVE ASSET
MANAGEMENT PLATFORM AND ACCELERATE VALUE ENHANCING ACQUISITIONS
FOR COMPOSECURE
    * COMPOSECURE INC - DAVID COTE TO BE EXECUTIVE CHAIRMAN, TOM
KNOTT
TO BE CEO OF RESOLUTE HOLDINGS
    * COMPOSECURE INC - TRANSACTION EXPECTED TO BE TAXABLE FOR
COMPOSECURE AND SHAREHOLDERS
    * COMPOSECURE INC - RESOLUTE HOLDINGS EXPECTED TO HAVE
LIMITED
PROFITABILITY IN FY2025

Source text:  ID:nGNX30NMgl 
Further company coverage:  CMPO.O 

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