On November 30, 2022, General Electric Company ("GE") (NYSE: GE) announced that its Board of Directors has approved the previously announced spin-off of its healthcare business, GE Healthcare Holding LLC ("GE HealthCare"). According to recent developments, GE HealthCare is expected to be converted into a corporation and renamed GE HealthCare Technologies Inc. prior to the Spin-Off transaction going into effect. The company is expected to begin trading on Nasdaq on January 4, 2023, under the ticker "GEHC" [ 6 ].