Form 8-K · Current report
Flex Ltd. 8-K, filed Sep 4, 2026
- Filed
- CIK
- 0000866374
- Accession no.
- 0001193125-26-382492
Summary
Flex Ltd. agreed on September 3, 2026 to acquire all equity interests of EPC Power Corp. from Charge Parent, LLC through its subsidiary ACS Acquisitions, Inc. for $4.4 billion in cash, with the deal expected to close in the fourth quarter of 2026 and EPC Power to join Flex's Cloud and Power Infrastructure business, which Flex plans to spin off as an independent public company in the first quarter of 2027.
Key points
- Flex entered a senior unsecured 364-day bridge facility commitment letter for up to $4.4 billion with Citigroup Global Markets Inc., Bank of America, N.A. and BofA Securities, Inc., intended to be replaced with debt and equity financing.
- The transaction is subject to conditions including expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act, and either party may terminate if the deal is not consummated by December 31, 2026, subject to two automatic three-month extensions.
- The purchase agreement uses a locked box mechanism fixing EPC Power's enterprise value as of June 30, 2026, with protections against value leakage between that date and closing.
- Flex issued a press release and posted an investor presentation about the transaction on September 3, 2026.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 1.01Entry into a Material Definitive Agreement
- 8.01Other Events
- 9.01Financial Statements and Exhibits
From the filing
Item 1.01. Entry into a Material Definitive Agreement Purchase Agreement On September 3, 2026, Flex Ltd., a company organized under the laws of Singapore (the “Company” or “Flex”), ACS Acquisitions, Inc., a Delaware corporation and wholly owned subsidiary of the Company (the “Purchaser”), EPC Power Corp., a Delaware corporation (the “EPC Power”), and Charge Parent, LLC, a Delaware limited liability company (the “Seller”), entered into a Stock Purchase Agreement (the “Purchase Agreement”), pursuant to which the Purchaser will acquire all of the equity interests (the “Shares”) of EPC Power from the Seller (such transaction, the “Transaction”). …
An excerpt of the text as filed with the SEC, cut for length.
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