Resideo Sets August Date for ADI Global Distribution Spin-Off

The spin-off will see ADI begin trading on the New York Stock Exchange under the ticker symbol ADIG on August 4, 2026. Resideo will continue its operations on the same exchange under the existing REZI ticker. The transaction is structured to be tax-free for U.S. federal income tax purposes, and no shareholder action is required to facilitate the receipt of the new stock dividend.

To support the transition, ADI has secured significant capital, including a $400 million senior notes offering and a new $600 million term loan facility. These funds are earmarked for the distribution to Resideo and the coverage of transaction-related expenses. Ahead of the split, both companies will host investor days at the New York Stock Exchange in mid-July to detail their respective long-term financial outlooks and strategic goals.