RESIDEO TECHNOLOGIES, INC. 8-K

What Happened Resideo Technologies, Inc. announced that on June 24, 2026 its wholly‑owned subsidiary Resideo Funding Inc. merged into another wholly‑owned subsidiary, Resideo Funding II LLC, with Resideo Funding II LLC surviving. By supplemental indentures, Resideo Funding II LLC assumed Resideo Funding Inc.’s obligations under the outstanding 4.000% Senior Notes due 2029 and 6.500% Senior Notes due 2032. Resideo Funding II LLC also executed a joinder to the company’s Second Amended and Restated Credit Agreement (dated June 4, 2026) and assumed the borrower/loan‑party obligations, granted the Administrative Agent a security interest in substantially all of its assets, and agreed to guarantee the company’s and its subsidiaries’ obligations under the Credit Agreement (other than obligations of the “Borrower”).

Separately, Resideo and Honeywell entered into a Termination and Release Agreement dated June 22, 2026 that terminates the Tax Matters Agreement (from the 2018 spin‑off). Under that Termination Agreement Resideo will pay Honeywell a one‑time cash payment of $11,600,000 and the parties exchanged mutual releases of tax‑related claims tied to the prior separation agreements.

Key Details

• Merger effective June 24, 2026: Resideo Funding Inc. merged into Resideo Funding II LLC (surviving entity).
• Senior notes assumed: 4.000% Senior Notes due 2029 and 6.500% Senior Notes due 2032 (via supplemental indentures filed as exhibits).
• Credit agreement action: Resideo Funding II LLC joined the Second Amended and Restated Credit Agreement (dated June 4, 2026), granted a security interest in substantially all of its assets to the Administrative Agent (JPMorgan Chase Bank, N.A.), and agreed to guarantee certain group obligations.
• Tax termination: Termination and Release Agreement with Honeywell dated June 22, 2026 requires a one‑time $11,600,000 cash payment and mutual releases related to the prior Tax Matters Agreement.

Why It Matters These actions move the legal borrower/debtor responsibilities and collateral to Resideo Funding II LLC, which can affect how the company’s debt is structured and secured—important for creditors and investors tracking the firm’s capital structure. The $11.6M payment to Honeywell is a discrete, non‑recurring cash outflow that resolves legacy tax allocation issues from the 2018 spin‑off and removes related contingent claims between the parties. Exhibits to the 8‑K include the supplemental indentures and the joinder/borrower assumption for those seeking the full legal texts.