CompoSecure (Nasdaq: CMPO), the technology leader in metal payment cards and security authentication solutions, has successfully finalized the separation of Resolute Holdings Management, Inc. (Nasdaq: RHLD) into a standalone publicly-traded entity effective February 28, 2025 at 12:01 a.m. EST.
Distribution Details and Trading Information
Under the separation framework, shareholders of CompoSecure who held equity as of February 20, 2025 received one Resolute Holdings share for every twelve shares of CompoSecure held at the record date. Fractional positions will be settled via cash payment.
Resolute Holdings commenced trading today on Nasdaq under ticker “RHLD,” while CompoSecure continues its listing under “CMPO.” The share distribution carries tax implications for shareholders, with the transaction treated as a taxable dividend for U.S. federal and state tax purposes.
About the Two Companies
CompoSecure’s Focus: Since its 2000 establishment, CompoSecure has evolved into a trusted technology partner for market-leading institutions and fintech companies globally. The company specializes in premium metal payment card technology integrated with Arculus-branded security and authentication capabilities. CompoSecure’s solutions enable secure access to digital and financial assets while maintaining trust at transaction points. The company emphasizes delivering exceptional branded experiences through the combination of elegance, security, and simplicity.
Resolute Holdings’ Operating Model: Led by executives David Cote and Tom Knott, Resolute Holdings operates as an alternative asset management platform providing operational oversight and capital allocation guidance across its managed businesses. The entity leverages its proprietary Resolute Operating System to drive systematic value creation at both subsidiary levels and the parent entity.
Advisory Support
Goldman Sachs & Co. LLC provided financial advisory services to CompoSecure throughout the separation process, while Paul, Weiss, Rifkind, Wharton & Garrison LLP served as legal counsel.
Forward-Looking Considerations
The separation involves inherent risks and uncertainties typical of corporate restructuring. Actual results may differ materially from expectations outlined in forward-looking statements. Both entities will file detailed risk disclosures with the Securities and Exchange Commission.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
CompoSecure Completes Separation of Resolute Holdings Management as Independent Public Company
CompoSecure (Nasdaq: CMPO), the technology leader in metal payment cards and security authentication solutions, has successfully finalized the separation of Resolute Holdings Management, Inc. (Nasdaq: RHLD) into a standalone publicly-traded entity effective February 28, 2025 at 12:01 a.m. EST.
Distribution Details and Trading Information
Under the separation framework, shareholders of CompoSecure who held equity as of February 20, 2025 received one Resolute Holdings share for every twelve shares of CompoSecure held at the record date. Fractional positions will be settled via cash payment.
Resolute Holdings commenced trading today on Nasdaq under ticker “RHLD,” while CompoSecure continues its listing under “CMPO.” The share distribution carries tax implications for shareholders, with the transaction treated as a taxable dividend for U.S. federal and state tax purposes.
About the Two Companies
CompoSecure’s Focus: Since its 2000 establishment, CompoSecure has evolved into a trusted technology partner for market-leading institutions and fintech companies globally. The company specializes in premium metal payment card technology integrated with Arculus-branded security and authentication capabilities. CompoSecure’s solutions enable secure access to digital and financial assets while maintaining trust at transaction points. The company emphasizes delivering exceptional branded experiences through the combination of elegance, security, and simplicity.
Resolute Holdings’ Operating Model: Led by executives David Cote and Tom Knott, Resolute Holdings operates as an alternative asset management platform providing operational oversight and capital allocation guidance across its managed businesses. The entity leverages its proprietary Resolute Operating System to drive systematic value creation at both subsidiary levels and the parent entity.
Advisory Support
Goldman Sachs & Co. LLC provided financial advisory services to CompoSecure throughout the separation process, while Paul, Weiss, Rifkind, Wharton & Garrison LLP served as legal counsel.
Forward-Looking Considerations
The separation involves inherent risks and uncertainties typical of corporate restructuring. Actual results may differ materially from expectations outlined in forward-looking statements. Both entities will file detailed risk disclosures with the Securities and Exchange Commission.
For Further Information: