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

Hawke Frontier MOA Hunter Scopes
Hawke Frontier MOA Hunter Scopes

First Look: Hawke Frontier MOA Hunter Scopes

Two new scopes designed for the great outdoors.

How It Started

The .357 Mag. round wasn't the first powerful police revolver cartridge out there.

First Look: Heritage Coachwhip Shotgun

The classic side by side shotgun marches on.

Range Review: Liberty Ammunition Steel Plate & Range 9mm

Ideal for when practice gets up close and personal.

Rifle Roundup: Next Level 6mm ARC AR-15 With A Leupold Mark 4HD Scope

And we're shooting off an Armageddon Gear shooting bag for added stability.

First Look: Bear Creek Arsenal BC-15 4.5 Inch Pistol

An AR-15 pistol in 5.56 NATO with a 4.5-inch barrel.

Interests



Get the best of Shooting Illustrated delivered to your inbox.