secwatch.observer — SEC 8-K summary
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Issuer:     MACOM Technology Solutions Holdings, Inc. (MTSI)
CIK:        0001493594
Form:       8-K
Filed at:   2023-12-04T23:59:59+00:00
Accession:  0001493594-23-000086
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MACOM completes $75M cash + stock acquisition of Wolfspeed's RF business
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- Completed acquisition of Wolfspeed's RF business on Dec 2, 2023 for $75M cash and 711,528 shares of MTSI common stock.
- Purchase price includes $50M worth of stock based on trailing 30-day average closing price.
- Transaction was previously announced on Aug 22, 2023; financial statements to be filed within 71 days.
- CEO Stephen Daly expressed commitment to supporting product and foundry customers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1493594/000149359423000086/0001493594-23-000086-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1493594/000149359423000086/mtsi-20231202.htm
  HTML page:      https://secwatch.observer/filing/0001493594-23-000086

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