# CD&R Channel Holdings II, L.P. — spin_off/spin_off [announced]
Source: SEC API (secapi.ai) · situation sit_53e2274c5454c61c7304 · retrieved 2026-08-12T07:24:51.703Z

## Overview
Resideo Technologies, Inc. is a wholesale hardware distributor that separated its global specialty distributor segment into a new publicly traded company, ADI Global Distribution Inc., through a spin-off completed on August 3, 2026.

Resideo Technologies, Inc. announced on July 30, 2025 its intention to separate its global specialty distributor segment into a new publicly traded company named ADI Global Distribution Inc. ("ADI") through a spin-off to shareholders. On August 3, 2026, Resideo consummated the ADI Spin-Off by distributing 100% of the outstanding shares of ADI's common stock to Resideo's common stockholders on a pro rata basis in a distribution intended to be tax-free for U.S. federal income tax purposes, except for cash received in lieu of fractional shares. In connection with the spin-off, CD&R Holdings exchanged 149,550 shares of Resideo Preferred Stock for 149,550 shares of ADI preferred stock pursuant to an Exchange Agreement dated July 31, 2026, and the Preferred Stock conversion price was adjusted from $26.92 to $18.844.

## Terms
- Counterparty: Resideo Technologies, Inc.

## Key dates
- Announced 2026-08-04

## Timeline
- 2026-08-04 · SCHEDULE 13D/A (0001104659-26-090354): SCHEDULE 13D/A - CD&R Channel Holdings II, L.P. — *Resideo Technologies, Inc. is a wholesale hardware distributor that separated its global specialty distributor segment into a new publicly traded company, ADI Global Distribution Inc., through a spin-off completed on August 3, 2026.* Resideo Technologies, Inc. announced on July 30, 2025 its intention to separate its global specialty distributor segment into a new publicly traded company named ADI Global Distribution Inc. ("ADI") through a spin-off to shareholders. On August 3, 2026, Resideo consummated the ADI Spin-Off by distributing 100% of the outstanding shares of ADI's common stock to Resideo's common stockholders on a pro rata basis in a distribution intended to be tax-free for U.S. federal income tax purposes, except for cash received in lieu of fractional shares. In connection with the spin-off, CD&R Holdings exchanged 149,550 shares of Resideo Preferred Stock for 149,550 shares of ADI preferred stock pursuant to an Exchange Agreement dated July 31, 2026, and the Preferred Stock conversion price was adjusted from $26.92 to $18.844.
  https://www.sec.gov/Archives/edgar/data/2044245/0001104659-26-090354.txt

## Citations
- 0001104659-26-090354 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000110465926090354