MiniMed Group, Inc. (MMEDV)

MiniMed Group, Inc. common stock when issued (MMEDV) represents shares of MiniMed Group that trade on a when-issued basis around the company's separation from Medtronic, before the shares are formally distributed. When-issued trading lets the market price the new shares ahead of the distribution, and these trades settle only once the shares are actually issued.

MiniMed, headquartered in Northridge, California, develops and sells diabetes technology, including the MiniMed 780G automated insulin delivery system, continuous glucose monitoring sensors such as Simplera, the InPen smart insulin pen, infusion sets and related supplies and data management software. Once the distribution is completed, regular-way trading takes place under the MMED symbol.