---
schema_version: "secwatch.filing_event.v1"
accession: "0001288469-23-000148"
form_type: "8-K"
ticker: "MXL"
cik: "0001288469"
company_name: "MAXLINEAR, INC"
filed_at: "2023-07-26T23:59:59+00:00"
generated_at: "2026-06-13T02:14:54.245169+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# MaxLinear terminates Silicon Motion merger agreement, cites MAE and material breach

## Summary
- MaxLinear terminated the merger agreement with Silicon Motion on July 26, 2023 after receiving Chinese regulatory approval.
- Reasons include a continuing Material Adverse Effect on Silicon Motion and material breach of representations and warranties.
- Certain closing conditions remain unsatisfied and incapable of being satisfied, per the company.
- The First Extended Outside Date (May 5, 2023) passed without automatic extension, triggering termination rights.

## SEC filing metadata
- accession: 0001288469-23-000148
- form_type: 8-K
- ticker: MXL
- cik: 0001288469
- company_name: MAXLINEAR, INC
- filed_at: 2023-07-26T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1288469/000128846923000148/0001288469-23-000148-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1288469/000128846923000148/mxl-20230726.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001288469-23-000148
- JSON: https://secwatch.observer/filing/0001288469-23-000148.json
- Plain text: https://secwatch.observer/filing/0001288469-23-000148.txt

## Key facts
- Material Agreements
  MAXLINEAR, INC terminated Agreement and Plan of Merger with Silicon Motion Technology Corporation (effective 2023-07-26).
  - Action: termination
  - Agreement: merger
  - Counterparty: Silicon Motion Technology Corporation
  - Effective: 2023-07-26
  source text: As previously disclosed, on May 5, 2022, MaxLinear, Inc., a Delaware corporation (“ MaxLinear ”) entered into an Agreement and Plan of Merger (the “ Merger Agreement ”) with Silicon Motion Technology Corporation, an exempted company with limited liability incorporated under the law of the Cayman Islands (“ Silicon Motion ”) and Shark Merger Sub, an exempted company with limited liability incorporated under the law of the Cayman Islands and a wholly-owned subsidiary of MaxLinear (“ Merger Sub ”), pursuant to which, on the terms and subject to the conditions set forth therein, Merger Sub will merge with and into Silicon Motion (the “ Merger ”), with Silicon Motion surviving the Merger as a wholly-owned subsidiary of MaxLinear.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1288469/000128846923000148/0001288469-23-000148-index.htm

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