To commemorate the separation of Xperi Product and IP Licensing on October 1
Xperi Holding Corporation (NASDAQ: XPER), an entertainment technology company that invents, develops, and delivers technologies that enable extraordinary experiences, today announced that on October 3, 2022, its newly separated product business, Xperi Inc., will ring the opening bell at the New York Stock Exchange (NYSE), to commemorate the completion of its spin-off as an independent publicly traded stand-alone entity. Later that same day, Adeia Inc., the newly renamed independent IP licensing business, will ring the closing bell at the Nasdaq MarketSite.
Jon Kirchner, chief executive officer of Xperi Inc., will ring the opening bell alongside Xperi Inc. executive leadership. October 3, 2022 will mark the first official day of trading for Xperi Inc. on the NYSE under the stock symbol “XPER”.
The NYSE Opening Bell will ring at 9:30 a.m. EDT. Interested parties may tune in to broadcast media coverage of the bell as well as a live stream on the NYSE's website at https://www.nyse.com/bell. Videos and photos during and following the ceremony will be shared on Xperi’s social media channels: Instagram, Twitter, LinkedIn.
Paul Davis, chief executive officer of Adeia Inc., will ring the closing bell alongside Adeia executive leadership. October 3, 2022 will mark the first official day of trading for Adeia Inc. on the Nasdaq under the new stock symbol “ADEA”.
The Nasdaq Closing Bell will ring at 4 p.m. EDT. Interested parties may tune in to broadcast media coverage of the bell as well as a live stream on the Nasdaq's website at: https://livestream.com/nasdaq. Videos and photos during and following the ceremony will be shared on Adeia’s social media channels: LinkedIn, Twitter.
The spin-off is anticipated to be completed on October 1, 2022.
Adeia is a leading R&D and intellectual property (IP) licensing company that accelerates the adoption of innovative technologies in the media and semiconductor industries. Adeia’s fundamental innovations underpin technology solutions that are shaping and elevating the future of digital entertainment and electronics. Adeia’s IP portfolios power the connected devices that touch the lives of millions of people around the world every day as they live, work and play. For more, please visit www.adeia.com.
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Chris Chaney
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Anna Enerio
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