Event-Driven Stocks

Spin-offSpun off from American TeleSource International

The two companies

Parent
American TeleSource International
↓ spun off ↓

Open either company's hub for its full SEC financials, ratios, ownership, filings, and every other event it's been part of.

Sector
Other
Industry
Exchange
State of incorporation
Record date
Distribution date
Ratio
Parent sector
Form
10-12G
Filed
May 12, 2000

Financials — parent vs spin-off

SEC XBRL · latest year
American TeleSource International

No XBRL financials available.

GLOBALSCAPE INCFY19
Revenue
Operating income
$15M
Net income
$13M
Total assets
$35M
Equity
−$36M

Latest reported figures from each company's own SEC filings — the parent after the separation and the spin-off as a standalone. Full multi-year history on each company hub.

Spin-off signals

score 1/4 favorable · factors, not advice
  • Return on capital employed130%

    EBIT ÷ capital employed — the quality metric the spin-off scorecard research weighs most.

  • Tax-basis reportNone found

    A Form 8937 (basis allocation) accompanies tax-free §355 spin-offs — favorable for taxable holders.

  • Insider buying (post-spin)None recorded

    Officers/directors buying their own newly independent shares (Form 4) has historically preceded outperformance.

  • Time since spin-off26.1 years

    Studies find the spin-off return premium concentrates in roughly the first one to three years.

Factors the spin-off research literature (Greenblatt; Cusatis-Miles-Woolridge; Desai-Jain) associates with outcomes — computed from this company's own SEC filings, shown as factors, not a recommendation. The premium is debated and not guaranteed. How we compute these ↗

Filings & documents

Every entry traces to SEC EDGAR. The Information Statement is the primary source; the links below open the full filing and each company's complete filing history.

Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.