Summary
Coherent Corp. (formerly II-VI Incorporated) filed an 8-K on August 5, 2021, to report the filing of unaudited pro forma condensed combined financial information related to its pending acquisition of Coherent, Inc. This pro forma information combines the historical financial statements of II-VI Incorporated, Finisar Corporation, and Coherent, Inc., adjusted to reflect the impact of the acquisition and related transactions. Investors should note that this pro forma data is for informational purposes only and is not intended to be indicative of the future financial condition or results of operations of the combined entity. The actual results of the combined company may differ materially from what is presented. The primary purpose of this filing is to provide supplementary financial information related to a significant corporate event. While not actual financial results, this pro forma data offers insight into the potential financial scale and structure of the combined company post-acquisition, which is crucial for investors evaluating the strategic implications and potential value creation of the transaction. The company also filed a Registration Statement on Form S-3 concurrently.
Key Highlights
- 1Filing of unaudited pro forma condensed combined financial information for II-VI Incorporated, Finisar Corporation, and Coherent, Inc.
- 2Information reflects the pending acquisition of Coherent, Inc. by II-VI Incorporated and related transactions.
- 3Pro forma data is derived from historical audited and unaudited financial statements of the three entities.
- 4Adjustments are made to give effect to the pending acquisition and related transactions.
- 5Pro forma information is for informational purposes only and not indicative of future results.
- 6Actual combined company results may differ significantly from pro forma information.
- 7Concurrent filing of a Registration Statement on Form S-3 by II-VI Incorporated.