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cogint Announces Record Date and Distribution Date for Spin-off of Data and Analytics Business

COGINT (COGT)  More Company Research Source: Business Wire
Last cogint earnings: 11/8 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.cogint.com/investor-relations
PDF BOCA RATON, Fla.--(BUSINESS WIRE)-- Cogint, Inc. (NASDAQ: COGT) announced today that its Board of Directors has established March 19, 2018 as the record date (the “Record Date”) and March 26, 2018 as the distribution date (“Distribution Date”) for its previously announced spin-off of its data and analytics subsidiary, Red Violet, Inc. (“Red Violet”). The spin-off will occur by way of a dividend of one share of Red Violet common stock for every six shares of cogint common stock held on the Record Date. Following the Distribution Date, Red Violet will be an independent, publicly-traded company listed on the NASDAQ under the symbol “RDVT.” cogint common stock will continue to trade on the NASDAQ under the ticker symbol “COGT.” Before the Distribution Date, cogint will distribute all of the outstanding shares of Red Violet common stock to the distribution agent for distribution to cogint shareholders [Read more]

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