FACT Corporation has set the record date for the already announced spin-off of its wholly-owned subsidiary, FACT Products Inc. The move will take place on 10 January 2007.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


Shareholders holding shares of FACT Corporation as of 10 January will receive dividend shares of FACT Products Inc. on the basis of one share for every five shares of FACT Corporation.


In a statement, Jacqueline Danforth, president and CEO of the independent nutrition solutions company, said: “Revisiting our 2004 corporate mandate to monetize all of our non-core assets, the company has determined to spin-off FACT Products Inc. in early 2007.


“Since electing to discontinue distribution of a line of shelf-stable whipped toppings in early 2005, FACT Products has remained dormant. The company has determined that a spin-off is the best way to recoup our investment in FACT Products.”

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now