Vistance Networks, Inc. Announces Special Cash Distribution

Vistance Networks, Inc. announced that its Board of Directors has declared a one-time special cash distribution of $10.00 per share. This distribution will be paid on April 27, 2026, to stockholders of record as of April 17, 2026. The company intends to fund this distribution using cash on hand, including proceeds from the recent sale of its Connectivity and Cable Solutions business. Vistance Networks expects this distribution to be treated primarily as a return of capital for tax purposes, potentially leading to capital gains for shareholders after their basis is recovered, rather than as a dividend, due to a lack of significant current and accumulated earnings and profits. Shareholders are advised to consult their tax advisors for specific implications.