Every Spin-Off
Mynd.ai
MYND USCompletedHKMakes Promethean interactive classroom displays and teaching software sold to schools worldwide.
NetDragon merged its overseas education business (eLMTree/Promethean) into NYSE American-listed Gravitas Education, renamed Mynd.ai on 13 December 2023, and distributed part of its resulting stake in specie to its own shareholders as ADSs, with an election for cash, on 15 February 2024; 1 Mynd.ai ADS per 1,000 NetDragon shares, record date 29 Dec 2023.
- Distribution date
- 15 Feb 2024
- Structure
- Spin-merge
- Parent
- NetDragon Websoft Holdings (777 HK)
- Spin-off ticker
- MYND US
- Listing
- NYSE American
- Market
- Hong Kong
- Sector
- Information technology
- Size
- micro
Source documents
- Press releaseCompletion of distribution in specie (02/16/24)
- PresentationNot located
- Prospectus / demerger documentNot located
- Sourceprometheanworld.com (merger closing)
- Filingsec.gov (Mynd.ai 20-F 2023)
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