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AI brief of an SEC Form 8-K · Versigent (VGNT)

Versigent completes spin-off from Aptiv and begins trading on NYSE as VGNT

Neutral Impact 4 of 5 other Written later

Aptiv PLC completed the spin-off of Versigent on April 1, 2026, distributing all Versigent ordinary shares to Aptiv shareholders, and Versigent began trading on the NYSE as VGNT that day. The company took on $1.35 billion in senior secured credit facilities and $1.6 billion in senior unsecured notes, with proceeds used to pay a dividend to Aptiv, and it appointed a new CEO and CFO effective with the spin-off.

Key points

  • Aptiv shareholders of record on March 17, 2026 received one Versigent ordinary share for every three Aptiv shares held.
  • Credit agreement includes a $500 million five-year term loan A, fully drawn March 27, 2026, and an $850 million five-year revolving credit facility.
  • Cyprium Corporation and Cyprium Holdings Luxembourg issued $800 million of 6.125% notes due 2031 and $800 million of 6.375% notes due 2034 on March 18, 2026.
  • Joseph T. Liotine was appointed Chief Executive Officer and Douglas R. Ostermann Chief Financial Officer, effective with the spin-off; Paul Meister became non-executive Chair.

The filing

CompanyVersigent (VGNT)
Form8-K, current report
Filed with the SECApr 1, 2026, 5:18 PM ET
Accession number0001193125-26-138219

Items reported: 1.01 Material Definitive Agreement2.01 Acquisition or Disposition Completed2.03 New Direct Financial Obligation3.02 Unregistered Equity Sale3.03 Change to Shareholder Rights5.01 Change in Control5.02 Director / Officer Change5.03 Bylaw / Charter Amendment8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 7:03 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 01, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.