8-K
filed July 8, 2022, 7:59 PM ET
ticker ADTN
CIK 0000926282
M&A
confidence high
sentiment neutral
materiality 0.75
ADTRAN Holdings completes merger of ADTRAN; ADVA exchange offer to settle July 15
ADTRAN Holdings, Inc.
- Merger closed July 8, 2022; each ADTRAN share converted into one ADTRAN Holdings share (ADTN).
- Exchange offer for ADVA at 0.8244 ratio; 65.43% of ADVA shares tendered; settlement expected July 15.
- New board elected with Thomas Stanton as Chairman/CEO; Brian Protiva to become Vice Chairman post-exchange.
- ADTN shares listed on Nasdaq (ADTN) and approved for Frankfurt Stock Exchange (QH9).
- ADTRAN Holdings becomes successor issuer; prior ADTRAN shares to be delisted and deregistered.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 1.0
Jacqueline H. Rice was elected as Director at ADTRAN Holdings, Inc..
- Action
- elected
- Role
- Director
Exact text from the filing
H. Fenwick Huss, Gregory J. McCray, Balan Nair, Jacqueline H. Rice and Kathryn A. Walker were elected to the Board of Directors of the Company
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
James D. Wilson, Jr. was appointed as Chief Revenue Officer at ADTRAN Holdings, Inc..
- Action
- appointed
- Role
- Chief Revenue Officer
Exact text from the filing
James D. Wilson, Jr. Chief Revenue Officer
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Gregory J. McCray was elected as Director at ADTRAN Holdings, Inc..
- Action
- elected
- Role
- Director
Exact text from the filing
H. Fenwick Huss, Gregory J. McCray, Balan Nair, Jacqueline H. Rice and Kathryn A. Walker were elected to the Board of Directors of the Company
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Michael Foliano was appointed as Senior Vice President of Finance, Chief Financial Officer, Treasurer and Secretary at ADTRAN Holdings, Inc..
- Action
- appointed
- Role
- Senior Vice President of Finance, Chief Financial Officer, Treasurer and Secretary
Exact text from the filing
Michael Foliano Senior Vice President of Finance, Chief Financial Officer, Treasurer and Secretary
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Kathryn A. Walker was elected as Director at ADTRAN Holdings, Inc..
- Action
- elected
- Role
- Director
Exact text from the filing
H. Fenwick Huss, Gregory J. McCray, Balan Nair, Jacqueline H. Rice and Kathryn A. Walker were elected to the Board of Directors of the Company
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
H. Fenwick Huss was elected as Director at ADTRAN Holdings, Inc..
- Action
- elected
- Role
- Director
Exact text from the filing
H. Fenwick Huss, Gregory J. McCray, Balan Nair, Jacqueline H. Rice and Kathryn A. Walker were elected to the Board of Directors of the Company
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Michael K. Foliano resigned as Director at ADTRAN Holdings, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
On the Merger Closing Date, Michael K. Foliano resigned from his position as director of the Company
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Thomas R. Stanton was appointed as President and Chief Executive Officer and Chairman of the Board at ADTRAN Holdings, Inc..
- Action
- appointed
- Role
- President and Chief Executive Officer and Chairman of the Board
Exact text from the filing
Thomas R. Stanton President and Chief Executive Officer and Chairman of the Board
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Balan Nair was elected as Director at ADTRAN Holdings, Inc..
- Action
- elected
- Role
- Director
Exact text from the filing
H. Fenwick Huss, Gregory J. McCray, Balan Nair, Jacqueline H. Rice and Kathryn A. Walker were elected to the Board of Directors of the Company
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.