---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-139464"
form_type: "8-K"
ticker: "AVNW"
cik: "0001377789"
company_name: "AVIAT NETWORKS, INC."
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T08:40:01.476031+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Aviat Networks to acquire NEC's wireless backhaul business for $70M in cash and stock

## Summary
- Initial consideration: $45M cash plus $25M in Aviat common stock (~787,740 shares).
- Transaction expected to close in 3-6 months, subject to regulatory approvals.
- NEC to receive registration rights and the right to nominate a director to Aviat's board.
- Aviat assumes certain liabilities; NEC retains excluded liabilities, including pre-closing product warranty liabilities.
- Stock issuance exempt from registration under Section 4(a)(2) of the Securities Act.

## SEC filing metadata
- accession: 0001193125-23-139464
- form_type: 8-K
- ticker: AVNW
- cik: 0001377789
- company_name: AVIAT NETWORKS, INC.
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1377789/000119312523139464/0001193125-23-139464-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1377789/000119312523139464/d496945d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-139464
- JSON: https://secwatch.observer/filing/0001193125-23-139464.json
- Plain text: https://secwatch.observer/filing/0001193125-23-139464.txt

## Key facts
- Material Agreements
  AVIAT NETWORKS, INC. entered into Master Sale of Business Agreement with NEC Corporation valued at $45.0 million in cash and $25 million in Company common stock (effective 2023-05-09).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: NEC Corporation
  - Value: $45.0 million in cash and $25 million in Company common stock
  - Effective: 2023-05-09
  source text: On May 9, 2023, Aviat Networks, Inc., a Delaware corporation (the “Company,” “we,” “us,” or “our”) entered into a Master Sale of Business Agreement (the “Purchase Agreement”), with NEC Corporation
  evidence_url: https://www.sec.gov/Archives/edgar/data/1377789/000119312523139464/0001193125-23-139464-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.