Approximately 60 days after the filing of the form 10, the filing of which I believe was November 8th. That makes January 7th, 2021. But the word approximately is necessary to note. We are near that date and have yet to receive news, so it's coming. You'll want to sit on raw shares.
Item 7.01 Regulation FD Disclosure
On October 6, 2021, the Company filed a Current Report on Form 8-K announcing that the Record Date (the “Record Date”) for the TYDE Spin-off Dividend had been changed to October 22, 2021. The Company has elected to change the form of registration for the TYDE spin-off dividend such that it will be filing a Registration Statement on Form 10 (the “Form 10”). Upon successful completion of the standalone audit, the Company anticipates filing the Form 10 the week of October 25, 2021 with a Record Date of approximately 60 days post filing (on or about December 27, 2021).
On September 13, 2021, the Company filed a Current Report on Form 8-K that included a new corporate presentation (the “Corporate Presentation”) as Exhibit 99.1 providing an overview of the Company’s 2021 Annual Proxy. On the slide titled “Anticipated Key Dates”, the Record Date for TYDE Spin-off Dividend is shown as October 15, 2021. The Record Date for TYDE Spin-off Dividend has been changed to October 22, 2021. An updated copy of the Corporate Presentation has been posted on its Investor Relations website at https://investors.vincoventures.com. -8k
On September 12, 2021, the Company filed Articles of Incorporation with the State of Nevada for a new wholly owned subsidiary, Cryptyde, Inc.
On November 11, 2021, the Company’s wholly owned subsidiary, Cryptyde, Inc. (“TYDE”), and Hudson Bay Master Fund Ltd (the “Holder”) entered into an Amendment Agreement (the “Amendment Agreement”) whereby the parties agreed that, subject to the satisfaction (or waiver) of the conditions set forth in the Amendment Agreement: (i) the Holder shall amend its right to receive the Spin-off Distribution in the form of shares of TYDE’s common stock (“TYDE Common Stock”) and to receive instead a warrant issued by TYDE to purchase TYDE Common Stock for such number of shares of TYDE Common Stock that the Holder would have been entitled to receive in the Spin-off Distribution had the Holder exercised all its Company Warrants on the record date for the Spin-off Distribution (the “TYDE Warrant”); and (ii) contemporaneously with the entry into the Amendment Agreement, for TYDE and the Holder to enter into a registration rights agreement (the “TYDE Registration Rights Agreement”) to provide for all Registrable Securities to be covered by a registration statement filed and declared effective on or prior to the distribution date of the Spin-off Transactions. The Company agreed to issue to the Holder the November Warrant pursuant to the terms and conditions set forth in the November WEA and (ii) TYDE agreed to issue to the Holder the TYDE Warrant pursuant to the terms and conditions set forth in the Amendment Agreement. -10-q
The closing of the Exchange Agreement occurred on January 3, 2022. -8-k