Cognyte Software
CGNTCompletedSpin of Cognyte Software (CGNT)
- Distribution date
- 1 Feb 2021
- Structure
- Spin-off
- Parent
- Verint Systems (VRNT)
- Spin-off ticker
- CGNT
- 2-year mark
- 1 Feb 2023
- 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
1 Feb 2021100%1 Feb 2023
Source documents
- Press releaseCompletion release (02/01/21)
- PresentationCognyte investor presentation (01/21)
- PresentationVerint investor day presentation (01/21)
- Information statementProspectus
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