U.S. COMPANY FILING
FLEX LTD. — Form 8-K filed 2026-10-13
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On October 9, 2026, Flex amended its warrant with Amazon entities in connection with the planned spin-off of its cloud and power infrastructure business into Axiom Solutions International (Spinco) and the pro rata distribution of roughly 88.0% to 94.0% of Spinco shares to Flex shareholders. Instead of receiving Spinco stock in the Distribution, Amazon's assignee will receive a fully vested Spinco warrant at $0.01 per share, sized by the warrant's intrinsic value before the Distribution. The original warrant covers up to 3,859,851 Flex shares at $51.29.
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