Mobility Global completes spin-off from S&P Global, begins NYSE trading as independent company
On July 1, 2026, S&P Global completed the separation of Mobility Global Inc., distributing 100% of Mobility Global's common stock to S&P Global shareholders on a one-for-one basis at 12:01 a.m. Eastern Time. Mobility Global, which operates the automotive analytics and data business formerly known as S&P Global Mobility, began trading on the New York Stock Exchange under ticker symbol MBGL. The separation was effected through a series of restructuring transactions, including a contribution of the Spin Business assets to Mobility Global, followed by a pro rata distribution to S&P Global shareholders, with S&P Global retaining no ownership interest post-Distribution.
Key facts
- Distribution completed July 1, 2026 at 12:01 a.m. New York City time
- 100% of Mobility Global common stock distributed to S&P Global shareholders on one-for-one basis
- Record date: June 15, 2026
- Mobility Global common stock listed under symbol MBGL on NYSE
- S&P Global retains no ownership interest in Mobility Global following Distribution
- Special Cash Payment from SpinCo to SPGI: $1,973,691,500
- Mobility Global issued 294,821,318 shares of common stock as partial consideration for Contribution
- Distribution included equity awards conversions: SPGI RSUs converted to SpinCo RSUs using SpinCo Concentration Ratio; SPGI PSUs converted to SpinCo RSUs; SPGI Options and SPGI DSUs adjusted using SPGI Concentration Ratio
Why it matters
Mobility Global is now an independent, publicly traded company operating the automotive data and analytics business (CARFAX, automotiveMastermind, Polk, Market Scan), enabling it to pursue a growth strategy tailored to the automotive sector while S&P Global focuses on its retained businesses; the separation allows each company to optimize capital allocation and pursue distinct strategic priorities.
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Derived from 8-K filed 2026-07-02. Not investment advice. View the source filing on SEC.gov →