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CompoSecure Completes Spin-Off of Resolute Holdings

Story Highlights
  • CompoSecure completed the spin-off of Resolute Holdings, making it publicly traded.
  • Resolute Holdings now manages CompoSecure Holdings, affecting its operations and financials.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CompoSecure Completes Spin-Off of Resolute Holdings

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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Questions or Comments about the article? Write to editor@tipranks.com
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