8-KOther EventsExhibits & Filings

COHERENT CORP. 8-K Report, Corporate Update (May 22, 2019)

Filed May 22, 2019For Securities:COHR

Summary

This 8-K filing by II-VI Incorporated (now Coherent Corp.) on May 22, 2019, addresses the company's assessment of the U.S. Commerce Department's amendment to the Entity List, which included Huawei and its affiliates. II-VI Incorporated announced that it anticipates minimal impact on its sales and overall prospects as a result of these new restrictions, which specifically affect certain sales of U.S. origin into Huawei's supply chain. Furthermore, in light of this assessment, the company reaffirmed its previously issued financial guidance for the fiscal fourth quarter of 2019. This communication also serves as a reminder of the ongoing merger with Finisar Corporation, reiterating the company's commitment to that transaction and providing details on where investors can find related filings and information, including the Form S-4 registration statement and the Joint Proxy Statement/Prospectus.

Key Highlights

  • 1II-VI Incorporated assesses minimal impact from U.S. Commerce Department's Huawei Entity List inclusion on its sales and prospects.
  • 2Company reaffirms its previously issued guidance for fiscal Q4 2019.
  • 3Filing highlights ongoing merger efforts with Finisar Corporation.
  • 4Information is provided on where investors can access SEC filings related to the Finisar merger, including the Form S-4 and Joint Proxy Statement/Prospectus.
  • 5The report includes extensive forward-looking statements and risk factors associated with the Finisar transaction and general business operations.
  • 6The press release referenced (Exhibit 99.1) details the company's analysis and outlook.

Frequently Asked Questions

II-VI Incorporated believes that the U.S. Commerce Department's directive, affecting certain sales of U.S. origin into Huawei's supply chain, will have minimal effects on the company's sales and future prospects.

Yes, in conjunction with its assessment of the Huawei situation, II-VI Incorporated reaffirmed its prior guidance for its fiscal fourth quarter of 2019.

The filing reminds investors that the merger with Finisar Corporation is ongoing. It directs investors to SEC filings, including the Form S-4 registration statement and the Joint Proxy Statement/Prospectus, for detailed information regarding this transaction and associated risks.

Investors can find detailed information about the risks associated with the Finisar merger in the Form S-4 registration statement and the Joint Proxy Statement/Prospectus filed with the SEC. These documents, along with other SEC filings from II-VI and Finisar, are accessible via the SEC's website and the companies' respective investor relations pages.