Smith & Wesson Completes Spin-Off of American Outdoor Brands

by
posted on August 24, 2020
aob.jpg
Smith & Wesson, Inc., announced that it has completed a previous announcement about the spin-off of American Outdoor Brands, Inc., an outdoor products and accessories business. Smith & Wesson will continue to trade on the NASDAQ as SWBI, while American Outdoor Brands will trade as AOUT. 

The spin-off was completed on Aug. 24, and each SWBI stockholder received one share of AOUT common stock for every four shares of SWBI common stock held as the of the record date. The spin-off was structured to qualify as a tax-free distribution for SWBI stockholders, while stockholders are encouraged to consult with tax advisors regarding federal, state, and local tax consequences. No action or payment was required by SWBI stockholders in order to receive the AOUT shares. 

American Outdoor Brands includes BOG, maker of trail cameras and shooting sticks, Bubba, Caldwell, Crimson Trace, Hooyman, Laserlyte, and Old Timer, Schrade, and Thompson Center, M&P, and Wheeler, among others.

Latest

Streamlight Stinger 2020 S Flashlight
Streamlight Stinger 2020 S Flashlight

First Look: Streamlight Stinger 2020 S Flashlight

Now available with a swappable, rechargeable battery pack.

First Look: Faxon ADJ Gas Block

Easily adjust your settings for suppressed to unsuppressed use.

Oneida County Sheriff’s Office Selects Night Fision Sights

The Optics Ready Stealth Series sights feature tritium vials that carry domed lenses optically engineered for superior visibility.

Review: PWS UXR Rifle

One rifle to rule them all?

First Look: High Speed Gear Gen2 Operator Belt

Equipped with MOLLE slots and an inner and outer belt for flexibility.

First Look: Davidson’s Exclusive Model 20 Revolver

Chambered in .357 Mag. rather than the original .38/44.

Interests



Get the best of Shooting Illustrated delivered to your inbox.