Summary
Analog Devices Inc. (ADI) has filed an amendment to its Current Report (8-K/A) to provide updated financial information related to its acquisition of Maxim Integrated Products, Inc. This filing incorporates by reference the audited consolidated financial statements of Maxim as of June 26, 2021, and for the three years prior, along with associated notes and schedules. Additionally, it includes unaudited pro forma condensed combined financial statements, presenting the combined entity's income and balance sheet as if the acquisition had occurred at specific past dates. These disclosures are crucial for investors to understand the financial impact and performance of the combined company post-acquisition.
Key Highlights
- 1ADI has officially incorporated Maxim Integrated Products' audited financial statements into its SEC filings.
- 2The filing includes pro forma financial information for the combined entity, offering a hypothetical view of combined performance.
- 3Pro forma statements cover the fiscal year ended October 31, 2020, and the nine months ended July 31, 2021, for income, and as of July 31, 2021, for the balance sheet.
- 4The pro forma information assumes the acquisition of Maxim occurred on November 3, 2019, for income statements and July 31, 2021, for the balance sheet.
- 5This amendment serves to provide a comprehensive financial picture of the ADI and Maxim combined operations.
- 6Includes consents from PricewaterhouseCoopers LLP.
- 7The filing incorporates by reference the merger agreement details from a prior 8-K filing.