Skyworks closes Qorvo acquisition; Qorvo holders receive 0.960 SWKS shares plus $32.50 cash per share

Qorvo, Inc.

Mergers completed October 5, 2026: Merger Sub I merged into Qorvo, then surviving company merged into Merger Sub II, renamed Qorvo Technologies, LLC, a Skyworks subsidiary.
Each Qorvo share converted into 0.960 shares of Skyworks common stock plus $32.50 in cash; no fractional Skyworks shares issued, with cash paid in lieu.
Qorvo terminated its April 23, 2024 Credit Agreement with Bank of America as administrative agent; no borrowings were outstanding and all commitments were terminated.
Nasdaq trading of QRVO was halted before the open on October 5, 2026; Qorvo requested Form 25 delisting and plans a Form 15 to end SEC registration and reporting.
All Qorvo directors resigned at closing; Merger Sub II managers and a Qorvo employee became managers and officers of Qorvo Technologies, LLC.

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