Every Spin-Off
Lithium Americas
LACCompletedSpin of Lithium Americas (LAC) assets
- Distribution date
- 3 Oct 2023
- Structure
- Spin-off
- Parent
- Lithium Americas (Argentina) Corp. (LAAC)
- Spin-off ticker
- LAC
- 2-year mark
- 3 Oct 2025
- Market
- United States
Section 355 clock. Two years from the distribution, an acquirer can generally step in without putting the tax-free status at risk.Window passed
3 Oct 2023100%3 Oct 2025
Source documents
- Press releaseLithium Americas press release: Closes Separation to Create Two Leading Lithium Companies (10/3/23)
- PresentationNot located
- Information statementManagement information circular, plan of arrangement, dated 6/16/23 (EX-99.2 to 6-K)
- FilingMaterial change report on completion of separation, 10/5/23 (EX-99.1 to new LAC 6-K)
Every Spin-Off research
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