secwatch.observer — SEC 8-K summary
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Issuer:     AVNET INC (AVT)
CIK:        0000008858
Form:       8-K
Filed at:   2021-10-06T23:59:59+00:00
Accession:  0000008858-21-000040
Event type: other_material
Sentiment:  negative
Materiality: 0.40
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Avnet loses Maxim distribution relationship; Maxim was 3% of FY2021 sales
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- Maxim notified Avnet it will end distribution relationship after Analog Devices acquisition.
- Maxim products accounted for approximately 3% of Avnet's fiscal 2021 sales.
- Premier Farnell's distribution agreement with Maxim remains unaffected.
- Avnet says it will pursue opportunities to strengthen supplier partnerships.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/8858/000000885821000040/0000008858-21-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/8858/000000885821000040/avt-20211006x8k.htm
  HTML page:      https://secwatch.observer/filing/0000008858-21-000040

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