secwatch.observer — SEC 8-K summary
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Issuer:     Lumentum Holdings Inc. (LITE)
CIK:        0001633978
Form:       8-K
Filed at:   2026-03-02T23:59:59+00:00
Accession:  0001193125-26-085412
Event type: other_material
Sentiment:  positive
Materiality: 0.90
Item codes: 3.02, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NVIDIA invests $2B in Lumentum; strategic optics partnership
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- Lumentum issued 2,876,415 Series A convertible preferred shares to NVIDIA at $695.31/share for $2B cash.
- Preferred shares convert 1:1 into common stock, subject to HSR waiting period; no preemptive or redemption rights.
- Dividends paid same as common on as-converted basis; holders vote with common on most matters except director elections.
- NVIDIA also commits to multi-billion purchase commitment and future capacity rights for laser components.
- Lumentum to build new US fab to support R&D and manufacturing for next-gen AI optical architectures.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1633978/000119312526085412/0001193125-26-085412-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1633978/000119312526085412/d41019d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-085412

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer