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AI English summary of an SEC filing — figures as filed

Skyworks Solutions logoSkyworks Solutions SWKS

Skyworks said it completed its combination with Qorvo on October 5, 2026, with each share of Qorvo common stock converted into the right to receive 0.960 shares of Skyworks common stock and $32.50 in cash.

8-KCompletion of Acquisition or Disposition of AssetsFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Skyworks said it completed its combination with Qorvo on October 5, 2026, with each share of Qorvo common stock converted into the right to receive 0.960 shares of Skyworks common stock and $32.50 in cash.

  2. The company said it issued on August 10, 2026 $800,000,000 5.000% Senior Notes due 2028, $600,000,000 5.750% Senior Notes due 2032, and $600,000,000 6.250% Senior Notes due 2036, with net proceeds used to finance the cash consideration for the Mergers.

  3. Skyworks said it increased the size of its board of directors to 11 members immediately following the effective time of the merger, consisting of Chief Executive Officer Philip G. Brace, 7 directors designated by Skyworks, and 3 directors designated by Qorvo. Kevin L. Beebe resigned from the board.

  4. The company said legacy Skyworks shareholders own approximately 63% of the combined company and legacy Qorvo shareholders own approximately 37%, on a fully diluted basis. It added that annualized cost synergies of $500 million or more will be realized within 24 to 36 months post-close when the companies are fully integrated.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Completion of Qorvo Merger and Consideration to Qorvo Shareholders

Skyworks said it completed its combination with Qorvo on October 5, 2026, with each share of Qorvo common stock converted into the right to receive 0.960 shares of Skyworks common stock and $32.50 in cash.

Source · Based on the filing body and exhibits

Issuance of Senior Notes to Finance Cash Consideration

The company said it issued on August 10, 2026 $800,000,000 5.000% Senior Notes due 2028, $600,000,000 5.750% Senior Notes due 2032, and $600,000,000 6.250% Senior Notes due 2036, with net proceeds used to finance the cash consideration for the Mergers.

Source · Based on the filing body and exhibits

Board Composition of 11 Directors Including 3 Qorvo Designees

Skyworks said it increased the size of its board of directors to 11 members immediately following the effective time of the merger, consisting of Chief Executive Officer Philip G. Brace, 7 directors designated by Skyworks, and 3 directors designated by Qorvo. Kevin L. Beebe resigned from the board.

Source · Based on the filing body and exhibits

Ownership Percentages Post-Merger and Annual Cost Synergies

The company said legacy Skyworks shareholders own approximately 63% of the combined company and legacy Qorvo shareholders own approximately 37%, on a fully diluted basis. It added that annualized cost synergies of $500 million or more will be realized within 24 to 36 months post-close when the companies are fully integrated.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.