Actua Corporation Final Liquidating Distribution Announcement

Summary

Actua Corporation has announced it will make a final liquidating distribution of $0.201 per share to its stockholders of record as of October 18, 2022, with payment to be made on October 21, 2022. The total distribution is approximately $6.4 million, following the company's receipt of cash from the sale of its minority holdings. This payment marks the conclusion of Actua's periodic reporting obligations, and no further liquidating distributions will be made.

EX-10.1 2 d392136dex101.htm EX-10.1 EX-10.1

Exhibit 10.1

 

FOR IMMEDIATE RELEASE

Investor inquiries:

R. Kirk Morgan

Actua

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Actua Announces Final Liquidating Distribution

Company will distribute $0.201 per share to stockholders

Wayne, PA (October 11, 2022 ) – Actua Corporation announced today that it will make a final liquidating distribution of $0.201 per share to its stockholders of record as of October 18, 2022; payment of the final liquidating distribution will be made on October 21, 2022. The aggregate distribution of approximately $6.4 million is being made in light of the recent receipt of cash related to the Company’s disposition of its interests in minority holdings.

This final liquidating distribution will conclude Actua Corporation’s periodic reporting under the Act and Actua will not make any additional liquidating distributions.