Event-Driven Stocks

Formerly SAIC Gemini, Inc.

Spin-offSpun off from SAIC

The two companies

Parent
SAIC
↓ 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
Technology
Industry
Services-Computer Integrated Systems Design
Exchange
Nasdaq
State of incorporation
DE
Record date
September 19, 2013
Distribution date
September 27, 2013
Ratio
1:7
Parent sector
Form
10-12B/A
Filed
September 9, 2013

Financials — parent vs spin-off

SEC XBRL · latest year
SAIC

No XBRL financials available.

Science Applications International CorpFY26
Revenue
$7.26B
Operating income
$521M
Net income
$358M
Total assets
$5.35B
Equity
$1.50B

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 1/5 favorable · factors, not advice
  • Return on capital employed12%

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

  • Operating margin7.2%

    Profitability of the standalone business, from its own SEC filings.

  • Tax-basis reportNone found

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

  • Insider buying (post-spin)7 open-market buys

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

  • Time since spin-off12.7 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.