{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-286509","form_type":"8-K","ticker":"AVNW","cik":"0001377789","company_name":"AVIAT NETWORKS, INC.","filed_at":"2023-12-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.801921+00:00","generated_at":"2026-06-07T19:16:35.378531+00:00","sec_items":["1.01","2.01","2.03","3.02","3.03","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Aviat closes NEC wireless transport buy for $65.5M; price trimmed by $4.5M on delayed Malaysia assets","bullets":["Final purchase price $65.5M ($42.1M cash + $23.4M stock); down from $70M originally announced.","Stock consideration fixed at $31.74/share; 736,750 shares issued (50,990 fewer vs original).","Delayed transfer of Malaysian assets accounts for ~7% of the expected $150M annual run-rate revenue.","Acquisition closed Nov 30, 2023; FY2024 guidance update to be provided on Q2 earnings call.","Entered multiple ancillary agreements: registration rights/lock-up, supply, transition services, IP licenses."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-286509","json":"https://secwatch.observer/filing/0001193125-23-286509.json","markdown":"https://secwatch.observer/filing/0001193125-23-286509.md","text":"https://secwatch.observer/filing/0001193125-23-286509.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1377789/000119312523286509/0001193125-23-286509-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1377789/000119312523286509/d37057d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T19:16:35.378531+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4e5163c0bd06fdfeeea17d29e3d60288f0c94a8f","claim":"AVIAT NETWORKS, INC. completed an acquisition involving NEC Corporation for $45.0 million cash and $25 million in Company common stock (closed 2023-11-30).","evidence_excerpt":"NEC relating to NEC’s wireless backhaul business (the “Transaction”). Consideration due at the closing of the Transaction (the “Closing”) includes (i) an amount in cash equal to $45.0 million, subject to certain post-closing adjustments (the “Cash Consideration”), and (ii) the issuance of $25 million in Company common stock, par value $0.01 per share (the “Stock","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1377789/000119312523286509/0001193125-23-286509-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"NEC Corporation"},{"label":"Consideration","value":"$45.0 million cash and $25 million in Company common stock"},{"label":"Closing","value":"2023-11-30"}],"fact_type":"ma_transaction"},{"claim_id":"27d06d2f5238bfa38781cfc434698f0f3fc710c5","claim":"AVIAT NETWORKS, INC. entered into MSA with NEC Platforms, Ltd. (effective 2023-11-30).","evidence_excerpt":"On November 30, 2023, the Company entered into a Manufacturing and Supply Agreement (“MSA”), by and among the Company, NEC Platforms, Ltd., a Japan limited company (“NECPF”) and NEC.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1377789/000119312523286509/0001193125-23-286509-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"supply"},{"label":"Counterparty","value":"NEC Platforms, Ltd."},{"label":"Effective","value":"2023-11-30"}],"fact_type":"material_agreement"},{"claim_id":"5882b647483fda0ba3b1ea8cc8048245e72109f1","claim":"AVIAT NETWORKS, INC. entered into Trademark License Agreement with NEC (effective 2023-11-30).","evidence_excerpt":"On November 30, 2023, the Company entered into a Trademark License Agreement with NEC (the “Pasolink Licensing Agreement”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1377789/000119312523286509/0001193125-23-286509-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"license"},{"label":"Counterparty","value":"NEC"},{"label":"Effective","value":"2023-11-30"}],"fact_type":"material_agreement"},{"claim_id":"6568535cea3383de06340613439dbce6db375ba4","claim":"AVIAT NETWORKS, INC. entered into Global Transition Services Agreement with NEC (effective 2023-11-30).","evidence_excerpt":"Item 1.01 Entry into a Material Definitive Agreement MSBA Amendment On November 30, 2023, the Company and NEC entered into an Amendment to the Master Sale of Business Agreement (the “MSBA Amendment”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1377789/000119312523286509/0001193125-23-286509-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"lease"},{"label":"Counterparty","value":"NEC"},{"label":"Effective","value":"2023-11-30"}],"fact_type":"material_agreement"},{"claim_id":"6c52b9e2f28b7dd7a80b4deae0cb0454d3ae142f","claim":"AVIAT NETWORKS, INC. entered into Registration Rights and Lock-Up Agreement with NEC (effective 2023-11-30).","evidence_excerpt":"On November 30, 2023, the Company entered into a Registration Rights and Lock-Up Agreement (the “Registration Rights and Lock-Up Agreement”) with NEC","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1377789/000119312523286509/0001193125-23-286509-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"NEC"},{"label":"Effective","value":"2023-11-30"}],"fact_type":"material_agreement"},{"claim_id":"a68618286eef36a07d536373e6fa89a8aaa6e57a","claim":"AVIAT NETWORKS, INC. amended MSBA Amendment with NEC valued at from $70.0 million to $65.5 million (effective 2023-11-30).","evidence_excerpt":"On November 30, 2023, the Company and NEC entered into an Amendment to the Master Sale of Business Agreement (the “MSBA Amendment”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1377789/000119312523286509/0001193125-23-286509-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Counterparty","value":"NEC"},{"label":"Value","value":"from $70.0 million to $65.5 million"},{"label":"Effective","value":"2023-11-30"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}