{"schema_version":"secwatch.filing_event.v1","accession":"0000866374-24-000005","form_type":"8-K","ticker":"FLEX","cik":"0000866374","company_name":"FLEX LTD.","filed_at":"2024-01-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.085232+00:00","generated_at":"2026-06-07T05:39:53.212120+00:00","sec_items":["1.01","2.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Flex completes spin-off of remaining Nextracker interest; shareholders received ~0.17 NXT shares per FLEX share","bullets":["Flex distributed all 74,432,619 Nextracker Class A shares to shareholders on Jan 2, 2024.","Exchange ratio: 0.174185 Nextracker shares per Flex ordinary share.","Flex no longer holds any Nextracker common stock or convertible securities.","Flex shares continue trading on Nasdaq under FLEX; Nextracker under NXT.","Transaction completed under Merger Agreement dated Feb 7, 2023; J.P. Morgan advised Flex."],"urls":{"canonical":"https://secwatch.observer/filing/0000866374-24-000005","json":"https://secwatch.observer/filing/0000866374-24-000005.json","markdown":"https://secwatch.observer/filing/0000866374-24-000005.md","text":"https://secwatch.observer/filing/0000866374-24-000005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/866374/000086637424000005/0000866374-24-000005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/866374/000086637424000005/flex-20240102.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T05:39:53.212120+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"98b9a3c96f4c708096577ba55e9de7832fa23d33","claim":"FLEX LTD. completed a disposition involving Nextracker Inc. (closed 2024-01-02).","evidence_excerpt":"On January 2, 2024, Flex completed the previously announced distribution in specie of all of the shares of common stock, par value $0.001 per share (“Yuma Common Stock”), of Yuma to the shareholders of Flex","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/866374/000086637424000005/0000866374-24-000005-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Nextracker Inc."},{"label":"Closing","value":"2024-01-02"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}