AND....we the Locked-In KEYO Shell shareholders will get those new Tracking Stock shares at a DISCOUNT!
Of course after NANT-Works/NANT the Parent goes PUBCO with the KEYO shell first, then issues the NANT common shares for the NANT-Health (NH) Tracking Stock IPO!
http://www.investopedia.com/terms/t/trackingstocks.asp What is a 'Tracking Stock' A tracking stock is a "COMMON Stock" issued by a "Parent Company" that tracks the performance of a particular division without having claim on the assets of the division or the parent company.
http://www.investopedia.com/terms/s/spinoff.asp A corporation creates a spinoff by distributing 100% of its ownership interest in that business unit as a stock dividend to existing shareholders. It can also offer its existing shareholders a discount to exchange their shares in the parent for shares of the spinoff. Spinoffs tend to increase returns for shareholders because the newly independent companies can better focus on their specific products or services. Both the parent and the spinoff tend to perform better as a result of the spinoff transaction, with the spinoff being the greater performer.
That's most definitely OK with me and most obviously GET IT!
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