secwatch.observer — SEC 8-K summary
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Issuer:     VIAVI SOLUTIONS INC. (VIAV)
CIK:        0000912093
Form:       8-K
Filed at:   2026-05-21T12:00:37+00:00
Accession:  0001140361-26-022337
Event type: other_material
Sentiment:  neutral
Materiality: 0.85
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Viavi Solutions prices 11.1M common stock offering at $45/share; net proceeds ~$557M for debt repayment
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- Underwriting for 11,111,111 shares at $45.00; underwriters' option for 1,666,666 additional shares fully exercised.
- Net proceeds estimated at $557.2 million after underwriting discounts and estimated expenses.
- Proceeds to repay $450 million term loan facility entered in March 2025; balance for working capital.
- 60-day lock-up agreements on company securities for executives, directors, and company.
- Offering under existing shelf registration; final prospectus supplement filed May 20, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/912093/000114036126022337/0001140361-26-022337-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/912093/000114036126022337/ef20074430_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-022337

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