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BRIEF-Composecure Announces Plan To Spin-Off Resolute Holdings Management, Inc. To Form A Differentiated Alternative Asset Management Platform And Accelerate Value Enhancing Acquisitions For Composecu
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BRIEF-Composecure Announces Plan To Spin-Off Resolute Holdings Management, Inc. To Form A Differentiated Alternative Asset Management Platform And Accelerate Value Enhancing Acquisitions For Composecu
Dec 30, 2024 1:33 PM

Dec 30 (Reuters) - CompoSecure Inc ( CMPO ):

* COMPOSECURE ANNOUNCES PLAN TO SPIN-OFF RESOLUTE HOLDINGS

MANAGEMENT, INC. TO FORM A DIFFERENTIATED ALTERNATIVE ASSET

MANAGEMENT PLATFORM AND ACCELERATE VALUE ENHANCING ACQUISITIONS

FOR COMPOSECURE

* COMPOSECURE INC ( CMPO ) - DAVID COTE TO BE EXECUTIVE CHAIRMAN, TOM

KNOTT

TO BE CEO OF RESOLUTE HOLDINGS

* COMPOSECURE INC ( CMPO ) - TRANSACTION EXPECTED TO BE TAXABLE FOR

COMPOSECURE AND SHAREHOLDERS

* COMPOSECURE INC ( CMPO ) - RESOLUTE HOLDINGS EXPECTED TO HAVE

LIMITED

PROFITABILITY IN FY2025

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