Vistance Networks, Inc. 8-K

What Happened

• Vistance Networks, Inc. (formerly CommScope Holding Company, Inc.) announced on Jan. 9, 2026 that it completed the sale of its Connectivity and Cable Solutions (CCS) business to Amphenol for approximately $10.5 billion in cash (cash‑free, debt‑free, subject to adjustments). In connection with the closing, the company repaid and terminated its credit facilities, satisfied and called for redemption of multiple outstanding note issues, and redeemed 100% of its Series A Convertible Preferred Stock. The company changed its name to Vistance Networks, Inc., effective Jan. 14, 2026, and its common stock now trades under the ticker VISN.

Key Details

• Sale: CCS business sold to Amphenol on Jan. 9, 2026 for ~ $10.5 billion (cash‑free, debt‑free, subject to adjustments).
• Credit facilities: The Company repaid in full and terminated its April 4, 2019 Revolving Credit Agreement (up to $750M facility) and the Dec. 17, 2024 Term Loan Credit Agreement (about $3,150M outstanding prior to repayment).
• Notes redeemed/called: Notices issued to redeem all outstanding notes, including $1,000.0M 9.500% due 2031; $951.0M 4.750% due 2029; $641.58M 7.125% due 2028; $866.929M 8.250% due 2027; and $750.0M 5.000% due 2027 (all called for redemption on Jan. 26, 2026).
• Governance and capital structure: 100% of Series A Convertible Preferred Stock redeemed and the related Investment Agreement with Carlyle terminated; directors Scott Hughes and Patrick McCarter resigned effective Jan. 9, 2026, reducing the board to eight members.
• Corporate identity: Second Amended and Restated Certificate of Incorporation filed Jan. 13, 2026 effecting the name change to Vistance Networks, Inc.; ticker changed to VISN effective Jan. 14, 2026. The company filed unaudited pro forma financials reflecting the disposition.

Why It Matters

• The transaction materially reshapes the company’s business and balance sheet: a large cash sale of a major segment and simultaneous repayment/redemption of substantial debt and notes will significantly affect leverage, liquidity and future capital allocation. Investors should note the effective name and ticker change (VISN) and review the company’s filed unaudited pro forma financial information for details on the financial impact. Directors who were associated with the former preferred holder resigned as part of the preferred redemption; the company states the resignations were not due to disagreements with management.