secwatch / observer
8-K filed February 13, 2023, 6:59 PM ET ticker FLEX CIK 0000866374
other material confidence high sentiment neutral materiality 0.75

Flex files merger agreement for potential tax-free spin-off of Nextracker after $24 IPO

FLEX LTD.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

FLEX LTD. entered into Agreement and Plan of Merger with Yuma, Inc., Nextracker, Yuma Acquisition Corp. (effective 2023-02-07).

Action
entry
Agreement
merger
Counterparty
Yuma, Inc., Nextracker, Yuma Acquisition Corp.
Effective
2023-02-07
Exact text from the filing
On February 7, 2023, Flex entered into an Agreement and Plan of Merger (the “ Merger Agreement ”) with Yuma, Inc., an indirect wholly-owned subsidiary of Flex (“ Yuma ”), Nextracker, at such time a direct wholly-owned subsidiary of Yuma, and Yuma Acquisition Corp., a direct wholly-owned subsidiary of Nextracker (“ Merger Sub ”), in connection with the IPO.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

FLEX LTD. entered into Registration Rights Agreement with Yuma, Merger Sub, TPG Rise Flash, L.P. (effective 2023-02-13).

Action
entry
Counterparty
Yuma, Merger Sub, TPG Rise Flash, L.P.
Effective
2023-02-13
Exact text from the filing
On February 13, 2023, Nextracker entered into a registration rights agreement (the “ Registration Rights Agreement ”) with Yuma, Merger Sub, TPG Rise Flash, L.P. (together with their permitted transferees, the “ Selling Stockholders ”), pursuant to which Nextracker agreed to grant the Selling Stockholders certain registration rights with respect to Nextracker Common Stock owned by them (including upon exchange of certain common units of Nextracker LLC (the “ LLC Common Units ”) and shares of Class B common stock of Nextracker held by them).
View on SEC.gov

85 material agreements filed in the last 30 days. Browse all material agreements →

FLEX LTD. filing history →

Source: SEC EDGAR
accession 0001193125-23-035922
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