{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-095307","form_type":"8-K","ticker":"ACLS","cik":"0001113232","company_name":"AXCELIS TECHNOLOGIES INC","filed_at":"2025-10-01T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.821004+00:00","generated_at":"2026-05-17T05:02:49.332358+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Axcelis and Veeco merge in all-stock deal; 0.3575x, EV ~$4.4B, rev $1.7B","bullets":["All-stock merger: Veeco shareholders receive 0.3575 Axcelis shares per VECO share; Axcelis stockholders own ~58.4% of combined company.","Combined enterprise value approx. $4.4B; pro-forma FY2024 revenue $1.7B, non-GAAP gross margin 44%.","Transaction expected to close in 2026; expected to be accretive to non-GAAP EPS within first year post-close.","Combined company to have 11 directors; William J. Miller (Veeco CEO) to chair Technology Committee; HQ in Beverly, MA.","Termination fees: $108.7M if Axcelis triggers recommendation change; $77.5M for Veeco; $15M fixed expense reimbursement."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-095307","json":"https://secwatch.observer/filing/0001104659-25-095307.json","markdown":"https://secwatch.observer/filing/0001104659-25-095307.md","text":"https://secwatch.observer/filing/0001104659-25-095307.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1113232/000110465925095307/0001104659-25-095307-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1113232/000110465925095307/tm2527661d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T05:02:49.332358+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}