secwatch.observer — SEC 8-K summary
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Issuer:     SYNAPTICS Inc (SYNA)
CIK:        0000817720
Form:       8-K
Filed at:   2026-06-25T21:19:27+00:00
Accession:  0001140361-26-026434
Event type: m_and_a
Sentiment:  positive
Materiality: 1.00
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Synaptics to be acquired by onsemi in ~$7B all-stock merger; 1.350x exchange ratio
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- Exchange ratio: 1.350 onsemi shares per Synaptics share, ~19% premium to 10-day VWAP.
- Enterprise value ~$7B; combined company targets $243B TAM by 2030, adding Edge AI and connectivity.
- Synaptics becomes indirect wholly-owned sub of onsemi; expected close by June 25, 2027.
- Termination fees: $235M from Synaptics to onsemi; $320M regulatory fee from onsemi to Synaptics.
- Synaptics board recommends stockholders vote in favor; subject to stockholder and regulatory approvals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/817720/000114036126026434/0001140361-26-026434-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/817720/000114036126026434/ef20076748_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-026434

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer