What are the main corporate actions reported in this 8-K filing?

This filing reports the completion of the separation of United Technologies Corporation (UTC) into three independent companies: Carrier, Otis, and the newly named Raytheon Technologies Corporation (RTX). It also details the merger of UTC's subsidiary, Merger Sub, with Raytheon, with Raytheon surviving as a wholly-owned subsidiary of RTX, and the subsequent renaming of UTC to Raytheon Technologies Corporation.

What financial information is provided for investors?

The filing provides two key sets of unaudited financial information: 1) Consolidated financial statements for the legacy Raytheon Company for specified periods, and 2) Pro forma combined financial information for Raytheon Technologies Corporation, reflecting the impact of the separation, distributions, and merger.

When did these significant corporate changes officially take place?

The separation and distributions of Carrier and Otis were completed on April 3, 2020. The merger of Merger Sub with Raytheon was also completed on April 3, 2020, immediately following the distributions. The company officially changed its name to Raytheon Technologies Corporation at the effective time of the merger.

Where can I find the detailed financial statements mentioned in the report?

The unaudited consolidated financial statements of Raytheon Company are attached as Exhibit 99.1, and the unaudited pro forma combined financial information for Raytheon Technologies Corporation is attached as Exhibit 99.2.

RTX 8-K SEC Disclosure

Summary

This 8-K filing from Raytheon Technologies Corporation (RTX), filed on May 7, 2020, provides crucial financial information following the company's significant restructuring and rebranding. The report details the completion of the separation of its businesses into three independent public companies: Carrier Global Corporation, Otis Worldwide Corporation, and the newly formed Raytheon Technologies Corporation, which resulted from the merger of United Technologies Corporation with Raytheon. Investors can find unaudited financial statements for Raytheon Company as a standalone entity, as well as pro forma combined financial information reflecting the full impact of these transactions on the combined RTX entity. The primary purpose of this filing is to furnish investors with the necessary financial data to understand the financial position and performance of the newly constituted Raytheon Technologies Corporation. The included financial statements are essential for assessing the financial health of the legacy Raytheon business and the pro forma combined entity, allowing for a more informed evaluation of the company's financial standing post-merger and spin-offs. This information is critical for investors to analyze the ongoing business and its future prospects.

Key Highlights

1RTX Corp. (formerly United Technologies Corp.) has completed its separation into three independent companies: Carrier, Otis, and the new Raytheon Technologies Corporation.
2The merger of United Technologies Corporation with Raytheon, forming Raytheon Technologies Corporation, was completed on April 3, 2020.
3The filing includes unaudited consolidated financial statements for Raytheon Company for periods ending March 29, 2020, and December 31, 2019.
4Unaudited pro forma combined financial information for Raytheon Technologies Corporation reflecting the separation, distributions, and merger is provided as of March 31, 2020.
5This report serves to provide essential financial data for investors to understand the financial implications of the significant corporate restructuring.
6The company's name officially changed to Raytheon Technologies Corporation following the merger.
7Key financial statements for the legacy Raytheon business and pro forma combined entity are attached as exhibits (99.1 and 99.2).

RTX Corp 8-K Report, Corporate Update (May 7, 2020)

Summary

Key Highlights

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