Compass Diversified Provides Shareholders with 2021 Tax Information
18 Februar 2022 - 10:15PM
Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an
owner of leading middle market businesses, announced today that by
6:00 p.m. Eastern Time Monday, February 21, 2022, shareholders can
click on this link: Compass Diversified Tax Package or a link
located in the Investor Relations section of the Company’s website
that will allow investors access to their individual tax reporting
information applicable to their ownership of CODI along with
instructions.
Tax Information In early March,
the Company will mail shareholders who held shares during the
period in which the Company was taxable as a publicly traded
partnership their individual Investor Tax Reporting packages, which
contain instructions and a schedule summarizing their allocated
share of the Trust’s reportable tax items for the year ended August
31, 2021. While the 2021 K-1s will be mailed in early March,
investors are encouraged to access the tax packages online.
Shareholders should check their 2021 tax statements
received from Broadridge or from their brokerage firm to ensure
that the trustee tax information reported for the company conforms
to the information reported by their brokerage firm. If this is not
the case, shareholders should contact their broker. Shareholders
can also click on this link for additional information: Investor
Relations, Tax Information. Shareholders with any questions
regarding their Investor Tax Reporting package, should contact Tax
Support at 800-573-9088.
CODI is not subject to federal or state income tax
and the annual income, losses, deductions or credits of the Trust
flows directly to shareholders.
Tax Disclaimer The tax information
above should not be construed as tax advice and is not a substitute
for careful tax planning and analysis. Shareholders should consult
their own tax advisor regarding the specific federal, state,
foreign and other tax consequences to them regarding their
ownership of shares of the Company’s common stock.
About Compass Diversified
(“CODI”)
CODI owns and manages a diverse set of highly
defensible North American middle market businesses. Each of its
current subsidiaries is a leader in its niche market. For more
information, visit compassdiversified.com.
Leveraging its permanent capital base, long-term
disciplined approach and actionable expertise, CODI maintains
controlling ownership interests in each of its subsidiaries,
maximizing its ability to impact long-term cash flow generation and
value creation. The Company provides both debt and equity capital
for its subsidiaries, contributing to their financial and operating
flexibility. CODI utilizes the cash flows generated by its
subsidiaries to invest in the long-term growth of the Company and
has consistently generated strong returns through its culture of
transparency, alignment and accountability.
Our ten majority-owned subsidiaries are engaged in
the following lines of business:
- The design and marketing of purpose-built technical apparel and
gear serving a wide range of global customers
(5.11);
- The manufacture of quick-turn, small-run and production rigid
printed circuit boards (Advanced Circuits);
- The design and manufacture of custom packaging, insulation and
componentry (Altor Solutions);
- The manufacture of engineered magnetic solutions for a wide
range of specialty applications and end-markets (Arnold
Magnetic Technologies);
- The design, engineering and marketing of dial based fit systems
delivering a scientifically proven performance advantage for
athletes (BOA Technology);
- The design and marketing of wearable baby carriers, strollers
and related products (Ergobaby);
- The design, manufacture, and marketing of high-end, one-of-a
kind jewelry (Lugano Diamonds);
- The design and manufacture of baseball and softball equipment
and apparel (Marucci Sports);
- The manufacture and marketing of portable food warming systems
used in the foodservice industry, creative indoor and outdoor
lighting, and home fragrance solutions for the consumer markets
(Sterno); and
- The design, manufacture and marketing of airguns, archery
products, optics and related accessories (Velocity
Outdoor).
Forward Looking StatementsCertain
statements in this press release may be deemed forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. We may use words such as “plans,” “anticipate,”
“believe,” “expect,” “intend,” “will,” “should,” “may,” “seek,”
“look,” and similar expressions to identify forward-looking
statements. The forward-looking statements contained in this press
release involve risks and uncertainties. Actual results could
differ materially from those implied or expressed in the
forward-looking statements for any reason, including the factors
set forth in “Risk Factors” and elsewhere in CODI’s annual report
on Form 10-K and its quarterly reports on Form 10-Q. Other factors
that could cause actual results to differ materially include:
changes in the economy, financial markets and political
environment; risks associated with possible disruption in CODI’s
operations or the economy generally due to terrorism, natural
disasters, social, civil and political unrest or the COVID-19
pandemic; future changes in laws or regulations (including the
interpretation of these laws and regulations by regulatory
authorities); general considerations associated with the COVID-19
pandemic and its impact on the markets in which we operate; and
other considerations that may be disclosed from time to time in
CODI’s publicly disseminated documents and filings. Undue reliance
should not be placed on such forward-looking statements as such
statements speak only as of the date on which they are made.
Although, except as required by law, CODI undertakes no obligation
to revise or update any forward-looking statements, whether as a
result of new information, future events or otherwise, you are
advised to consult any additional disclosures that CODI may make
directly to you or through reports that it in the future may file
with the SEC, including annual reports on Form 10-K, quarterly
reports on Form 10-Q and current reports on Form 8-K.
Investor Relations:The IGB Group
Leon Berman 212-477-8438 lberman@igbir.com |
Media Contact:Joele Frank,
Wilkinson Brimmer KatcherJon Keehner / Kate Thompson / Lyle
Weston212-355-4449 |
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