# ActivitySpinoff

Used to record a distribution of subsidiary securities to the shareholders of the parent company without a surrender of securities or payment and details related to the spinoff. A spin-off represents a form of divestiture resulting in an independent company

## Example Usage

```typescript
import { ActivitySpinoff } from "@apexfintechsolutions/ascend-sdk/models/components";

let value: ActivitySpinoff = {};
```

## Fields

| Field                                                                                                                                      | Type                                                                                                                                       | Required                                                                                                                                   | Description                                                                                                                                | Example                                                                                                                                    |
| ------------------------------------------------------------------------------------------------------------------------------------------ | ------------------------------------------------------------------------------------------------------------------------------------------ | ------------------------------------------------------------------------------------------------------------------------------------------ | ------------------------------------------------------------------------------------------------------------------------------------------ | ------------------------------------------------------------------------------------------------------------------------------------------ |
| `corporateActionGeneralInformation`                                                                                                        | [components.ActivitySpinoffCorporateActionGeneralInformation](../../models/components/activityspinoffcorporateactiongeneralinformation.md) | :heavy_minus_sign:                                                                                                                         | Common fields for corporate actions                                                                                                        |                                                                                                                                            |
| `payDate`                                                                                                                                  | [components.ActivityPayDate](../../models/components/activitypaydate.md)                                                                   | :heavy_minus_sign:                                                                                                                         | The anticipated payment date at the depository                                                                                             | {<br/>"day": 14,<br/>"month": 5,<br/>"year": 2024<br/>}                                                                                    |
| `quantity`                                                                                                                                 | [components.ActivitySpinoffQuantity](../../models/components/activityspinoffquantity.md)                                                   | :heavy_minus_sign:                                                                                                                         | The position on which the corporate action was paid                                                                                        | {<br/>"value": "0.25"<br/>}                                                                                                                |
| `recordDate`                                                                                                                               | [components.ActivitySpinoffRecordDate](../../models/components/activityspinoffrecorddate.md)                                               | :heavy_minus_sign:                                                                                                                         | The date on which positions are recorded in order to calculate entitlement                                                                 | {<br/>"day": 14,<br/>"month": 5,<br/>"year": 2024<br/>}                                                                                    |