Solstice Advanced Materials Completes Spin-Off from Honeywell and Begins Trading on NASDAQ

Summary

Solstice Advanced Materials Inc. completed its spin-off from Honeywell International Inc. on October 30, 2025, and began trading on the NASDAQ under the symbol 'SOLS'. The spin-off involved entering into definitive agreements to set terms and conditions for the relationship between Solstice and Honeywell post-spin-off. The agreements include separation, transition services, tax matters, employee matters, intellectual property cross-licensing, and trademark licensing. Solstice also issued 5.625% Senior Notes due 2033 and established new senior credit facilities. The Board of Directors was restructured with new members appointed to various committees. Executive officers were appointed and certain corporate governance documents were adopted.