S&P Global completes spin-off of Mobility Global Inc.

S&P Global Inc. (NYSE: SPGI) completed the separation of its Mobility division into an independent public company, Mobility Global Inc., on July 1, 2026. Mobility Global common stock began trading on the New York Stock Exchange under the ticker symbol "MBGL."

The separation was structured as a distribution of 100% of Mobility Global shares to S&P Global stockholders as of the record date of June 15, 2026. Shareholders received one share of Mobility Global common stock for every share of S&P Global common stock held at the close of business on that date. Fractional shares were not distributed; instead, they will be sold in the open market and shareholders will receive a cash payment based on their pro rata portion of net proceeds.

Martina Cheung, President and CEO of S&P Global, said the completion "reflects the extraordinary work and dedication of the S&P Global and Mobility Global teams over the past 15 months."

S&P Global said it expects to issue a press release on July 6, 2026 providing recast financial information for full year 2025, the four quarters of 2025, and the first quarter of 2026, reflecting the completion of the spin-off.

Morgan Stanley & Co. LLC, Goldman Sachs & Co. LLC, Citigroup Global Markets Inc., and Evercore Group L.L.C. served as financial advisors to S&P Global. Davis Polk & Wardwell LLP and Baker McKenzie LLP served as legal advisors.

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