Extracted from this filing and checked against the source text.
Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.9
Marvell Technology, Inc. issued 2,000,000 shares of the Company’s Series A Convertible Preferred Stock of preferred stock to NVIDIA Corporation for aggregate purchase price of $2,000,000,000.00 in cash.
- Security
- preferred stock
- Shares
- 2,000,000 shares of the Company’s Series A Convertible Preferred Stock
- Purchaser
- NVIDIA Corporation
- Consideration
- aggregate purchase price of $2,000,000,000.00 in cash
Exact text from the filing
On March 31, 2026, Marvell Technology, Inc. (the “Company”) completed the issuance and sale of 2,000,000 shares of the Company’s Series A Convertible Preferred Stock, par value $0.002 per share (the “Series A Preferred Stock”), to NVIDIA Corporation (“NVIDIA”), pursuant to a Securities Purchase Agreement, dated as of March 31, 2026 (the “Purchase Agreement”), between NVIDIA and the Company. The shares of Series A Preferred Stock were sold for an aggregate purchase price of $2,000,000,000.00 in cash
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Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Marvell Technology, Inc.: Filed Certificate of Designation for Series A Preferred Stock (effective 2026-03-31).
- Change
- charter amendment
- Effective
- 2026-03-31
Exact text from the filing
On March 31, 2026, the Company filed a Certificate of Designation with the Secretary of State of the State of Delaware (the “Certificate of Designation”) in connection with the Transaction.
View on SEC.gov