Event-Driven Stocks

Spin-offSpun off from Aimco

The two companies

Parent
Aimco
↓ 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
Real Estate
Industry
Real Estate Investment Trusts
Exchange
State of incorporation
MD
Record date
November 4, 2020
Distribution date
Ratio
1:1
Parent sector
Form
10-12B/A
Filed
November 24, 2020

Financials — parent vs spin-off

SEC XBRL · latest year
Aimco

No XBRL financials available.

Apartment Income REIT Corp.FY23
Revenue
$820M
Operating income
Net income
$635M
Total assets
$6.13B
Equity
$2.35B

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 0/4 favorable · factors, not advice
  • Leverage (liabilities/assets)57%

    A heavy debt load loaded onto the spin-off is a known risk; a clean balance sheet is favorable.

  • 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-off5.5 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.