Honeywell has filed a Form 10 registration statement with the U.S. Securities and Exchange Commission as part of its plan to spin off Solstice Advanced Materials into an independent company. The Form 10 is available on both the SEC website and Honeywell’s Investor Relations website.
“This Form 10 filing marks a pivotal step toward the exciting launch of Solstice Advanced Materials as an innovation-led independent company. With Honeywell’s legacy and a purpose-built management team and Board, Solstice is set up for a very bright future,” said Vimal Kapur, Chairman and CEO of Honeywell. “Today’s announcement also demonstrates the consistent progress our team is making toward forming three industry-leading public companies, each uniquely equipped to deliver exceptional customer service, expand opportunities for employees, and unlock shareholder value.”
“Today is a milestone that underscores Solstice’s tremendous momentum as we prepare for our next chapter as a public company,” said David Sewell, President and CEO of the Solstice Advanced Materials business. “The end markets we serve are underpinned by attractive secular growth trends, including regulatory-driven sustainability transitions in cooling and building solutions and the proliferation of artificial intelligence and advanced computing. We look to harness these trends by focusing on customer-partnered innovation and high-return opportunities that strengthen our ability to serve customers, establish new differentiated technology platforms, and enhance our resilience through market cycles. We believe Solstice is well-positioned to unleash growth and unlock substantial long-term value for all stakeholders.”
Solstice plans to hold an Investor Day on October 8, 2025 in New York City where leadership will discuss its business segments, financial outlook, and product portfolio. The event will be webcast live via Honeywell’s Investor Relations page at www.honeywell.com/investor; materials from the event will remain accessible online for 30 days.
Solstice’s products include low-global-warming-potential refrigerants (Solstice), high-performance fibers (Spectra), analytical reagents (Hydranal), and pharmaceutical packaging solutions (Aclar). The company expects its common stock to be listed on Nasdaq under the ticker symbol “SOLS.” According to Honeywell’s announcement, the planned spin-off should be tax-free for U.S.-based shareholders except for any cash received instead of fractional shares.
Updates regarding the spin-off process will continue to be filed with the SEC under Solstice Advanced Materials’ name at www.sec.gov.
Honeywell describes itself as an integrated operating company focused on automation, aviation futures, energy transition technologies, aerospace technologies, industrial automation, building automation, energy solutions, IoT platforms such as Honeywell Forge—and serves customers globally across various industries.
The release includes forward-looking statements about anticipated outcomes related to the spin-off transaction but notes these are subject to risks such as regulatory changes or economic shifts that could affect timing or results.
A non-GAAP financial measure—Adjusted EBITDA—is referenced in connection with evaluating ongoing operations at Solstice Advanced Materials; this measure excludes certain expenses required by GAAP but aims to provide greater transparency about operational trends.
