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Unique Global Innovative Solutions Corp. (UGIZ) Announces Strategic Spin-Off of Food Division and Special Stock Dividend to Shareholders
Globenewswire· 2026-02-12 14:00
Core Viewpoint - Unique Global Innovative Solutions Corporation (UGIZ) is executing a strategic spin-off of its Legacy Food Division to focus on becoming a pure-play environmental technology firm, with plans to uplist to NASDAQ [1][2]. Spin-Off Strategy - The spin-off is part of a comprehensive review of the company's asset portfolio aimed at unlocking strategic value and enhancing shareholder returns [2][17]. - The spin-off will create two independent companies, allowing each to focus on their specific market sectors and growth strategies [5][17]. Environmental Technology Focus - UGIZ is advancing its patent-pending PFAS Buster technology, which effectively removes "forever chemicals" from water sources using high-pressure atomization and proprietary nebulizing nozzles [2][7]. - The technology combines mechanical dispersion with Rare Earth Lanthanide Solutions to achieve rapid ionic precipitation, enhancing the efficiency of contaminant removal from wastewater [2][10]. Stock Dividend Details - Current shareholders will receive a pro-rata dividend of common stock in the new environmental technology company, with specific terms and distribution ratios to be announced in Spring 2026 [11][12]. - The distribution will be automatic, requiring no action from shareholders, and will not affect their existing UGIZ shares [13][14]. Corporate Structure and Operations - Following the spin-off, UGIZ will continue to operate as a standalone entity, focusing on its legacy food business while the new company will concentrate on environmental technology [16][18]. - The spin-off is expected to enhance shareholder value by providing direct participation in the growth potential of both companies [14][17].