---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-032861"
form_type: "8-K/A"
ticker: "MRVL"
cik: "0001835632"
company_name: "Marvell Technology, Inc."
filed_at: "2026-02-02T23:59:59+00:00"
generated_at: "2026-05-16T05:44:54.399698+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Marvell closes Celestial AI acquisition; issues ~24.6M shares, projects $500M revenue run-rate by Q4 FY28

## Summary
- Closed acquisition of Celestial AI on Feb 2, 2026; issued 24,601,976 unregistered shares.
- Assumed ~3.0M Celestial options; potential earnout up to $2.25B (first milestone: cumulative revenue ≥$500M by FY2029 end).
- Full earnout paid if cumulative revenue exceeds $2.0B by end of FY2029.
- Expects initial revenue H2 FY2028; $500M annualized run-rate Q4 FY2028, doubling to $1B Q4 FY2029.
- Adds ~$50M annual non-GAAP OpEx; cash down $1B reducing interest income ~$38M/yr; diluted shares +27M.

## SEC filing metadata
- accession: 0001193125-26-032861
- form_type: 8-K/A
- ticker: MRVL
- cik: 0001835632
- company_name: Marvell Technology, Inc.
- filed_at: 2026-02-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1835632/000119312526032861/0001193125-26-032861-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1835632/000119312526032861/d45933d8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-032861
- JSON: https://secwatch.observer/filing/0001193125-26-032861.json
- Plain text: https://secwatch.observer/filing/0001193125-26-032861.txt

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