As many know. S&W started buying other outdoor brands to diversify. TC, Schrade, Wheeler, Crimson Trace to mention a few. (Also Lockdown which I'm looking at for car security when traveling).
Their stock had always done really well and back 10 years a go a bought a "lot" and kept it until they changed their name. They did REALLY well stock price wise, but, and the directors were very up front about it, they never paid dividends and they never intend to. Since they were diversifying the directors decided to change the name from S&W Holding to American Outdoor Brands(AOBC).
Now they've decided to divest the S&W, the gun part of the business, from AOBC. Actually the way it's going down, they've changed their name and stock symbol from AOBC to SWBI (Smith Wesson Brands Inc). Then they'll spin the non-gun part off into a new American Outdoor brands stock symbol AOUT. Confusing, right.
How are they doing financially? If you'd bought AOBC a year ago (~$9/sh), now SWBI is now trading for >$18/sh. Most of that gain coming in the last 30 days. How will they do in the future. Anybody's guess. None of the rating services, e.g., Morning Star, rates SWBI so you're on your own.
I don't know when the cutoff date is, but hey, I'm a gambler, of sorts. I can go 100 shares and see what happens. Besides now that they've changed the corporate name back to S&W it's an investment statement.