Versant Spin-Off Begins Trading on Nasdaq
Versant spin-off confirmed as Comcast completed the separation and Versant began Nasdaq trading as VSNT, creating a new public security for shareholders.
KEY TAKEAWAYS
- Comcast completed the Versant spin-off effective Jan. 2, 2026 at 11:59 p.m. ET.
- Versant began regular-way trading on Nasdaq under the ticker VSNT on Jan. 5, 2026.
- Comcast distributed one Versant share for every 25 Comcast shares.
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Comcast Corporation (Nasdaq: CMCSA) completed the Versant spin-off at 11:59 p.m. ET on Jan. 2, 2026. Versant began trading on Nasdaq as VSNT on Jan. 5, marking its debut as an independent media company with cable and digital assets for Comcast shareholders.
Spin-Off Terms and Business
Comcast said in a Business Wire press release on Jan. 5 at 7:00 a.m. ET that it distributed one share of Versant Class A or Class B common stock for every 25 shares of Comcast Class A or Class B common stock. For example, a shareholder with 250 Comcast shares would receive ten Versant shares. The distribution applied equally across both classes of Comcast stock.
Versant announced in a Business Wire release at 7:30 a.m. ET that it would begin regular-way trading on Nasdaq under the ticker VSNT on Jan. 5. The company’s portfolio includes cable television networks and digital properties such as Fandango and Rotten Tomatoes. Versant serves core markets including political news and opinion, business news and personal finance, golf and athletics participation, sports, and genre entertainment.
The spin-off was first announced in November 2024. Comcast confirmed the separation’s completion on Jan. 2, 2026, and Versant’s Nasdaq listing followed three days later.
"VERSANT will commence trading today on the Nasdaq Stock Market under the ticker symbol VSNT," the company said in its Jan. 5 press release.
