AMKOR TECHNOLOGY, INC. 8-K

What Happened

• Amkor Technology, Inc. filed an 8-K (dated Feb 13, 2026) disclosing that on February 12, 2026 it entered an underwriting agreement with Goldman Sachs & Co. LLC and 915 Investments, LP (a stockholder) for a secondary offering.
• The Selling Stockholder agreed to sell 10,000,000 shares of Amkor common stock at $48.75 per share. The underwriter has a 30-day option to buy up to an additional 1,500,000 shares.
• The shares are being offered under Amkor’s shelf registration (Form S-3, Registration No. 333-279042) and the prospectus supplement dated February 12, 2026. 915 Investments, LP is an investment vehicle for members of the family of Susan Y. Kim, Amkor’s Chairman.

Key Details

• Offering size: 10,000,000 shares; additional underwriter option: 1,500,000 shares.
• Price to underwriter: $48.75 per share.
• Dates: Underwriting Agreement executed Feb 12, 2026; 8‑K filed Feb 13, 2026.
• Restrictive periods: company agreed to a 75‑day “clear market” restriction on new sales; selling stockholder agreed to a 180‑day lock‑up on its remaining shares (subject to customary exceptions).

Why It Matters

• This is a secondary offering by an existing shareholder, so the sale proceeds go to the selling stockholder (915 Investments), not to Amkor. It does not directly raise cash for the company.
• The transaction increases potential share supply in the market (10.0–11.5 million shares) which can affect trading liquidity and near‑term share pressure. The 75‑day company restriction and the 180‑day selling‑stockholder lock‑up limit additional share sales for those periods.
• Investors should note the identity of the seller (a family investment vehicle of the chairman) and the underwritten nature of the offering (Goldman Sachs), which are common in negotiated secondary sales.