AMD - Advanced Micro Devices Inc.
09/28/2026 | Press release | Distributed by Public on 09/28/2026 14:17
Private Placement (Form 8-K)
Item 3.02 Unregistered Sales of Equity Securities
On September 26, 2026, Advanced Micro Devices, Inc. (the "Company") entered into an Agreement and Plan of Merger (the "Merger Agreement") to acquire all of the equity interests in World Labs Technologies, Inc. ("World Labs") (the "Acquisition") for a total purchase price of approximately $8.2 billion to be paid in shares of the Company's common stock, par value $0.01 per share ("Common Stock"), to stockholders of World Labs, subject to customary adjustments. At this time, the number of shares to be issued in connection with the Acquisition is not known and will be calculated based on the daily volume-weighted average price of a share of Common Stock on the Nasdaq Global Select Market over the ten (10) consecutive trading-day period ending on and including the second trading day immediately preceding the closing date of the Acquisition.
The Company intends to issue the shares of Common Stock in reliance upon the exemptions from registration afforded by Section 4(a)(2) of the Securities Act of 1933, as amended (the "Securities Act"), and/or Rule 506 of Regulation D promulgated under the Securities Act. The issuance is not being conducted in connection with a public offering, and no public solicitation or advertisement will be made or relied upon in connection with the issuance of the shares.
AMD - Advanced Micro Devices Inc. published this content on September 28, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on September 28, 2026 at 20:17 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]