SKYWORKS SOLUTIONS, INC. 8-K

What Happened

• Skyworks Solutions, Inc. announced it entered into an Agreement and Plan of Merger with Qorvo, Inc. on October 27, 2025. The deal is structured as a two‑step, single integrated transaction in which a Skyworks subsidiary (Merger Sub I) will first merge into Qorvo, making Qorvo a Skyworks subsidiary, followed immediately by a second merger into Merger Sub II to complete the transaction.
• The Form 8‑K was filed May 20, 2026 and also attaches audited consolidated financial statements of Qorvo (as of March 28, 2026 and March 29, 2025 and for the three years ended March 28, 2026) as part of the disclosure.

Key Details

• Agreement date: October 27, 2025; 8‑K filed: May 20, 2026.
• Parties: Skyworks Solutions, Inc. (buyer), Qorvo, Inc. (target), and two Skyworks wholly owned subsidiaries (Merger Sub I and Merger Sub II).
• Transaction structure: two‑step merger — First Merger: Merger Sub I merges into Qorvo (Qorvo survives as a Skyworks subsidiary); Second Merger: surviving Qorvo merges into Merger Sub II (Merger Sub II survives as a Skyworks subsidiary).
• Financial disclosures: audited Qorvo financial statements for fiscal years ended March 28, 2026 and March 29, 2025 are included as Exhibit 99.1 to the filing.

Why It Matters

• This 8‑K confirms Skyworks has agreed to combine with Qorvo using a structured two‑step merger; investors can now review Qorvo’s audited financials provided in the filing to assess the financial profile of the acquired business.
• The deal’s completion will depend on the conditions in the merger agreement (e.g., regulatory approvals, closing conditions); until closing, the filing does not change Skyworks’ reported results but signals a significant strategic move that could affect Skyworks’ scale, product mix, and future financial reporting.