---
schema_version: "secwatch.filing_event.v1"
accession: "0000866374-23-000011"
form_type: "8-K"
ticker: "FLEX"
cik: "0000866374"
company_name: "FLEX LTD."
filed_at: "2023-02-01T23:59:59+00:00"
generated_at: "2026-06-20T04:34:29.913262+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Nextracker launches IPO roadshow at $20-$23/share; prelim nine-month revenue $1.38B (+36% YoY)

## Summary
- Nextracker expects nine-month revenue $1,383M vs $1,018M prior year; gross profit $196M vs $108M.
- Nextracker expects nine-month net income $98M (7% margin) vs $45M (4.4% margin); Adjusted EBITDA $136M (9.8% margin).
- Nextracker files to sell 23.3M shares in IPO at $20-$23; underwriters have 30-day option for 3.5M additional shares.
- Nextracker expects cash $100M and firm orders of $2.1B as of Dec 31, 2022.
- Flex (FLEX) subsidiary Nextracker intends to list on Nasdaq under ticker NXT.

## SEC filing metadata
- accession: 0000866374-23-000011
- form_type: 8-K
- ticker: FLEX
- cik: 0000866374
- company_name: FLEX LTD.
- filed_at: 2023-02-01T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/866374/000086637423000011/0000866374-23-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/866374/000086637423000011/flex-20230201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000866374-23-000011
- JSON: https://secwatch.observer/filing/0000866374-23-000011.json
- Plain text: https://secwatch.observer/filing/0000866374-23-000011.txt

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