CompoSecure ( (CMPO) ) has issued an announcement.
On February 28, 2025, CompoSecure, Inc. completed the spin-off of Resolute Holdings Management, Inc., distributing its shares to CompoSecure stockholders. This strategic move resulted in Resolute Holdings becoming a publicly traded entity on Nasdaq under the ticker ‘RHLD’. The spin-off involved several agreements to manage the separation, including a Management Agreement granting Resolute Holdings control over CompoSecure Holdings’ operations. This separation is expected to impact CompoSecure’s financial structure and operational dynamics, with Resolute Holdings assuming management responsibilities and liabilities for certain assets and employees.
More about CompoSecure
YTD Price Performance: -5.03%
Average Trading Volume: 1,047,263
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.21B
See more data about CMPO stock on TipRanks’ Stock Analysis page.
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