secwatch.observer — SEC 8-K summary
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Issuer:     Xperi Inc. (XPER)
CIK:        0001788999
Form:       8-K
Filed at:   2022-10-06T23:59:59+00:00
Accession:  0001193125-22-258604
Event type: other_material
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.01, 2.01, 5.01, 5.02, 5.03, 5.05, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Xperi Inc. completes spin-off from Adeia, begins trading as XPER on NYSE
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- Adeia distributed 100% of Xperi common stock on Oct 1, 2022; ratio 4 Xperi shares per 10 Adeia shares.
- Xperi becomes independent public company; no ownership interest retained by Adeia.
- Board appointed: Darcy Antonellis, David Habiger (chair), Jon Kirchner, Christopher A. Seams; Laura Durr continues.
- Jon Kirchner named CEO and President; Robert Andersen remains CFO.
- Entered separation, tax, employee, cross-business license, transition services, and data sharing agreements with Adeia.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1788999/000119312522258604/0001193125-22-258604-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1788999/000119312522258604/d346290d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-258604

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