International Business Machines Corp.
Complete the spin-off of the Managed Infrastructure Services unit into a new public company
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 8 Oct 2020
- Due
- 31 Dec 2021
- Delivered
- 3 Nov 2021
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The separation is currently expected to be completed by the end of 2021.”
What we found
Evidence strength A What the grades mean
IBM completed the spin-off of its Managed Infrastructure Services unit into a new public company, Kyndryl, on November 3, 2021, which is before the end-of-2021 deadline.
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A International Business Machines Corp. 10-Q filed 2022-04-26
“On November 3, 2021, the company completed the separation of its managed infrastructure services unit into a new public company” ✓ confirmed on the page
Market reaction: the shares moved -2.2% against the S&P 500 over the three sessions around the disclosure (25 Apr 2022 to 28 Apr 2022). What this measures
Checked 2 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Separation
- Indicative materiality
- Transformational rules
- Action
- Complete
- Deliverable
- Managed Infrastructure Services unit spin-off
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: subject to customary closing conditions; Form 10 registration with the U.S. Securities and Exchange Commission; receipt of a tax opinion from counsel; final approval by IBM’s Board of Directors
- Depends on
- Regulatory, Shareholder
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2020-IBM-003795 · Corrections policy