Every Spin-Off
MachTen
MACTCompletedPartial spin of MachTen telecom assets (MACT)
- Distribution date
- 31 Aug 2023
- Structure
- Partial spin
- Parent
- LICT (LICT)
- Spin-off ticker
- MACT
- 2-year mark
- 31 Aug 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
31 Aug 2023100%31 Aug 2025
Source documents
- Press releaseNot located
- PresentationNot located
- Information statementMachTen information statement dated 8/18/23, with LICT stockholder letter (EX-99.1 to MachTen 8-K)
- FilingMachTen 8-K (8/8/23): distribution date moved to 8/31/23
Every Spin-Off research
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