Company: 3M CO
Form Type: 8-K
Filing Date: 2024-05-09
Corporate Action: Spin-off
Type: Update
Accession Number: 000196473824000012
Comments: This report does not announce a spin-off; instead, it focuses on financial results for the first quarter of 2024. The company reaffirms its previous financial guidance without mentioning any plans for spin-offs or restructuring. The document serves primarily as a regulatory filing under Form 8-K, commonly used for significant corporate events or updates. This is a routine disclosure in the course of the company's operations, highlighting its ongoing performance rather than a corporate split or new entity formation.
Document Link: View Document
Additional details:
Newco Cik: 1964738
Parent Cik: 66740
File Number: 001-41968
Access 12: 000196473824
:
Percentage Spun Off: 80.1
Effective Date: 2024-03-13
Spin Off Id: 649
Deleted: 1
Form Type: 8-K
Filing Date: 2024-03-31
Corporate Action: Spin-off
Type: Update
Accession Number: 000162828024014887
Comments: Solventum Corporation has officially completed its spin-off from 3M Company, marking its transition into an independent public entity. The pro rata distribution involved the transfer of 80.1% of Solventum's outstanding shares to 3M’s stockholders, effective at 3:30 AM Eastern Time on April 1, 2024. The distribution date for stockholders was set for March 18, 2024, allowing investors to partake in the newly independent corporation, with shares being traded under the symbol "SOLV" on the New York Stock Exchange. Various agreements to govern the relationship between Solventum and 3M have been established, ensuring operational and financial coordination post-separation. This event showcases a significant restructuring within 3M, aimed at enhancing shareholder value and focus on respective business areas. Overall, the spin-off signifies both a new beginning for Solventum and a strategic move by 3M to streamline its health care operations.
Document Link: View Document
Additional details:
Newco Cik: 1964738
Parent Cik: 66740
File Number: 001-41968
Access 12: 000162828024
: 0
Percentage Spun Off: 80.1
Effective Date: 2024-03-13
Spin Off Id: 649
Form Type: 8-K
Filing Date: 2024-03-13
Corporate Action: Spin-off
Type: New
Accession Number: 000162828024010988
Comments: The announcement details the planned distribution of Solventum as a spin-off from 3M.
Document Link: View Document
Additional details:
Newco Cik: 1964738
Parent Cik: 66740
File Number: Not Found
:
Percentage Spun Off: 80.1
Effective Date: 2024-03-13
Form Type: 8-K
Filing Date: 2024-03-08
Corporate Action: Spin-off
Type: New
Accession Number: 000006674024000023
Comments: The document details a planned spin-off of 3M's Health Care business.
Document Link: View Document
Additional details:
:
Parent Cik: 66740
File Number: 1-3285