Short answer
Credo Technology Group Holding Ltd (CRDO) filed an 8-K current report with the SEC on April 13, 2026 reporting Item 3.02 (Unregistered Sales of Equity Securities), Item 7.01 (Regulation FD Disclosure), Item EX-99.1 (Exhibit EX-99.1). Acquisition consideration includes $750M cash plus approximately 0.92M Credo ordinary shares.
Credo Technology Group Holding Ltd 8-K event analysis
AI summary of each reported item and its exhibits
Item 3.02 · Unregistered Sales of Equity Securities
- Acquisition consideration includes $750M cash plus approximately 0.92M Credo ordinary shares
- Potential contingent consideration of up to approximately 3.21M additional shares tied to financial milestones
- Unregistered shares issued under Securities Act Section 4(a)(2), Rule 506, and Regulation S exemptions
- Recipients receive customary piggyback registration rights, creating potential future share-sale flexibility
Item 7.01 · Regulation FD Disclosure
- Acquisition of DustPhotonics remains subject to closing and successful integration
- Potential earnout obligations depend on achieving specified financial milestones
- Optical interconnect competition and semiconductor conditions create execution risk
- Forward-looking statements are not guarantees and may differ materially from outcomes
Item EX-99.1 · Exhibit EX-99.1
- $750M cash plus approximately 0.92M Credo shares upfront, with up to approximately 3.21M contingent shares
- DustPhotonics adds Silicon Photonics PICs spanning 400G, 800G, and 1.6T, with a roadmap to 3.2T
- Combined optical portfolio targets greater than $500M revenue in fiscal 2027, including ZeroFlap transceivers and optical DSPs
- Transaction expected accretive to non-GAAP EPS in fiscal 2027, subject to closing and integration execution
- Acquisition expands Credo into a vertically integrated SerDes, DSP, Silicon Photonics, and systems platform for AI connectivity
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
Other Credo Technology Group Holding Ltd 8-K filings
Get the next CRDO 8-K as it lands
Follow CRDO for push alerts, or ask the research agent what this filing means.