To understand the future, one only needs to open t

To understand the future, one only needs to open their eye and do their own DD rather than believe what you read on message board.

Enovis just did a spin off of ESAB which is now valued at $3B!

- Enovis is now valued at $3.60B

- Enovis shareholders received one share of ESAB common stock for every three shares of Enovis common stock held

- 90% , of ESAB’s common stock were distributed to Enovis shareholders

- 10% , of ESAB’s common stock, were retained by Enovis

- Intends to divest such shares within 12 months after the Separation in a tax-efficient exchange for its outstanding debt .

- Enovis effected its previously announced reverse stock split of all issued and outstanding shares of Enovis common stock at a one-for-three ratio.

Yeah the $3.6B company did a RS and guess what. The stock wasn't effected.

With this spinoff, Enovis managed to not only unlock $3B of value that wasn't reflected in their sp, but also pay off debt. 90% of that $3B went to...

Get this... SHAREHOLDERS!

There are plenty more examples like this. Don't believe the misinformation you read on boards and do your own DD as many are either guessing like DumDumDum or intentionally lying like JPutin and you might not realize it.

Are they going to post examples of how spinoffs works, hell no, they want you to lose money and for them to make money.

Enovis (formerly Colfax) Completes Spin-off of ESAB Corporation
April 05, 2022 06:00 ET

https://www.globenewswire.com/news-release/20...ation.html