secwatch.observer — SEC 8-K summary
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Issuer:     Lumentum Holdings Inc. (LITE)
CIK:        0001633978
Form:       8-K
Filed at:   2022-08-03T23:59:59+00:00
Accession:  0001193125-22-210674
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 2.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lumentum closes $16/sh cash buy of NeoPhotonics; sees >$50M annual synergies
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- Each NeoPhotonics share converted into $16.00 cash; deal funded from balance sheet cash.
- Lumentum expects more than $50 million in annual run-rate synergies within 24 months of close.
- No impact on fiscal Q4 2022 results; transaction update on Aug 16 earnings call.
- CEO Alan Lowe cites digital transformation driving cloud and network infrastructure growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1633978/000119312522210674/0001193125-22-210674-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1633978/000119312522210674/d359505d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-210674

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