---
schema_version: "secwatch.filing_event.v1"
accession: "0000813672-26-000019"
form_type: "8-K"
ticker: "CDNS"
cik: "0000813672"
company_name: "CADENCE DESIGN SYSTEMS INC"
filed_at: "2026-02-23T23:59:59+00:00"
generated_at: "2026-05-16T01:19:45.675814+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Cadence issues 3.22M shares to close acquisition of Hexagon design business

## Summary
- Issued 3,224,473 shares of common stock to Hexagon Smart Solutions AB as partial consideration for the acquisition.
- Acquisition of Hexagon's design and engineering business closed on February 23, 2026.
- Shares issued in reliance on Section 4(a)(2) and Regulation S exemptions from registration.
- Transaction was previously announced under an Equity Purchase Agreement dated September 4, 2025.

## SEC filing metadata
- accession: 0000813672-26-000019
- form_type: 8-K
- ticker: CDNS
- cik: 0000813672
- company_name: CADENCE DESIGN SYSTEMS INC
- filed_at: 2026-02-23T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/813672/000081367226000019/0000813672-26-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/813672/000081367226000019/cdns-20260223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000813672-26-000019
- JSON: https://secwatch.observer/filing/0000813672-26-000019.json
- Plain text: https://secwatch.observer/filing/0000813672-26-000019.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.