Honeywell announced that its Board of Directors has approved the spin-off of Solstice Advanced Materials. The separation process is expected to conclude on October 30, 2025.
At 12:01 a.m. Eastern Time on October 30, Honeywell will distribute all issued and outstanding shares of Solstice common stock to Honeywell shareholders of record as of October 17, 2025. Shareholders will receive one share of Solstice common stock for every four shares of Honeywell common stock held at the close of business on the record date. The distribution is subject to certain conditions outlined in the Separation and Distribution Agreement filed with the U.S. Securities and Exchange Commission as part of Solstice’s registration statement.
Vimal Kapur, Chairman and CEO of Honeywell, stated, “Today’s announcement clears the path to establishing Solstice as an independent, industry-leading advanced materials company, and importantly, reflects the continued successful execution of Honeywell’s transformation. I am confident that Solstice will be well-positioned to maximize long-term value for customers, employees and shareowners.”
Solstice common stock is expected to begin trading on the Nasdaq Stock Market LLC under the ticker symbol “SOLSV” on a “when-issued” basis around October 20, 2025. Regular trading under the symbol “SOLS” is expected to start on October 30, 2025. During the period from October 20 to October 29, 2025, Honeywell shares will trade in two markets: a “regular-way” market under “HON,” where shares will carry the right to receive Solstice stock, and an “ex distribution” market under “HONIV,” where shares will not have that right.
Honeywell is a global company operating in sectors such as automation, aviation, and energy transition. The company leverages its Honeywell Accelerator operating system and Honeywell Forge IoT platform to provide solutions across various business segments. More information can be found on the Honeywell newsroom at www.honeywell.com/newsroom.
Solstice Advanced Materials is a global specialty materials company serving industries such as refrigerants, semiconductor manufacturing, data center cooling, alternative energy, protective fibers, and healthcare packaging. The company operates in over 120 countries and holds more than 5,700 patents. Details about Solstice can be found at advancedmaterials.honeywell.com.
Honeywell also reminded investors to monitor its Investor Relations website for material disclosures and updates. The company included a forward-looking statements disclaimer noting that completion of the spin-off is subject to risks and uncertainties and that actual outcomes may differ from expectations due to various factors including economic and geopolitical risks.
