Spin-off - AEROCON, LLC

Form Type: S-4/A

Filing Date: 2025-01-10

Corporate Action: Spin-off

Type: Update

Accession Number: 000110465925002543

Filing Summary: On January 10, 2025, AeroCon, LLC filed Amendment No. 1 to Form S-4 regarding the spinoff of its global nonwovens and hygiene films business, part of a series of transactions with Glatfelter Corporation. The document details the offer to exchange registered notes for outstanding unregistered notes, stipulating terms for the exchange, including the amount and type of securities involved. The filing indicates effective registration under the Securities Act of 1933 and outlines the responsibilities of the issuer and subsidiary guarantees. The purpose of the exchange offers is to facilitate the transition to registered securities, ensuring compliance with relevant regulations. The associated risks and expected developments around the spinoff transaction are outlined in the summary.