secwatch.observer — SEC 8-K summary
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Issuer:     Infinera Corp (—)
CIK:        0001138639
Form:       8-K
Filed at:   2025-02-28T23:59:59+00:00
Accession:  0001193125-25-041368
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 1.01, 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Infinera completes merger with Nokia; shareholders get $6.65 cash or 1.7896 Nokia ADSs per share
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- Merger closed Feb 28, 2025; Infinera becomes wholly owned subsidiary of Nokia.
- Share consideration: $6.65 cash, 1.7896 Nokia ADSs, or mixed; ~58% of stock elections prorated to cash due to 72% election rate.
- 2.50% 2027 and 3.75% 2028 convertible notes now convertible into $4.66 cash + 0.5355 Nokia ADSs per $1,000 principal.
- Company requested delisting from Nasdaq and will file Form 15 to suspend SEC reporting obligations.
- All nine directors resigned effective at the merger close; board replaced per merger agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1138639/000119312525041368/0001193125-25-041368-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1138639/000119312525041368/d847449d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-041368

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