Friday, November 29, 2019

Equity Corporate Actions Alert #2019 - 271
(UPDATED) Spin-Off/Distribution Information for Taronis Technologies, Inc. (TRNX)


  • Industry Announcement

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On July 15, 2019, Taronis Technologies, Inc. (TRNX) announced a spin-off of its subsidiary Taronis Fuels, Inc. The Form 10 became effective on Friday, November 29, 2019. Taronis Fuels, Inc. is not expected to list Nasdaq. Taronis Fuels Inc. is not trading, therefore Nasdaq will NOT be making an adjustment to TRNX. The details of the distribution are as follows:

Parent Company/Issue: Taronis Technologies, Inc. Common Stock
CUSIP: 876214206
Symbol: TRNX
Record Date: November 29, 2019
Payment Date: December 5, 2019
EX Date: December 6, 2019
Due Bill Redemption Date: December 9, 2019
Ratio of Spin-Off/ Distribution:
Five (5) shares of Taronis Fuels, Inc for each (1) share held.

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