Enviri Completes Clean Earth Sale, Spin-off; Stockholders Get $15/Share

Enviri Corporation announced the expected completion of the sale of Clean Earth to Veolia Environnement S.A. and the spin-off of Harsco Environmental and Rail into a new standalone public company, Enviri II Corporation ("New Enviri"), on June 1, 2026. Enviri stockholders will receive a cash payout of $15.00 per share and one share of New Enviri common stock for every three shares of Enviri common stock. New Enviri's "When Issued" trading is set to begin on May 27, 2026, with "Regular Way" trading starting June 2, 2026, under the new name "Enviri Corporation" and ticker "NVRI".