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Middleby sets July 6 spin-off of Midera Food Processing, names June 26 record date

PUBT · 06/22 12:02

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Middleby sets July 6 spin-off of Midera Food Processing, names June 26 record date

Middleby will spin off its Food Processing business, Midera Food Processing, via a pro rata distribution to shareholders.
Holders of Middleby shares as of June 26, 2026 will receive 1 Midera share for each Middleby share held.
Distribution is scheduled for 12:01 a.m. ET on July 6, 2026.
Midera is expected to trade on Nasdaq “when-issued” under MFPVV around June 26, 2026, then regular-way under MFP on July 7, 2026.
Middleby is expected to trade regular-way as MIDD and ex-distribution as MIDDV from June 26, 2026 through July 6, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Middleby Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 202606220800BIZWIRE_USPR_____20260622_BW293111) on June 22, 2026, and is solely responsible for the information contained therein.

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