8-KOther EventsExhibits & Filings

INTEL CORP 8-K Report, Corporate Update (Aug 22, 2017)

Filed August 22, 2017For Securities:INTC

Summary

Intel Corporation (INTC) filed an 8-K report on August 22, 2017, to announce the expiration of the subsequent offering period for its tender offer to acquire all outstanding ordinary shares of Mobileye N.V. The tender offer, which was conducted through Intel's wholly-owned subsidiary Cyclops Holdings, LLC, was not extended. This filing serves as a formal notification that the initial tender offer period and the subsequent offering period have concluded without further action by Intel to extend them. Investors should note that this 8-K primarily confirms the conclusion of the tender offer process. While it does not disclose the final results of the acquisition (such as the exact percentage of shares tendered), it is accompanied by a joint press release with Mobileye that presumably contains more detailed outcomes. The filing is a procedural update, indicating the company is moving forward with the integration or closing of the Mobileye acquisition as planned.

Key Highlights

  • 1Intel Corporation's tender offer for Mobileye N.V. ordinary shares has concluded.
  • 2The subsequent offering period for the tender offer expired and was not extended.
  • 3The acquisition was conducted through Intel's subsidiary, Cyclops Holdings, LLC.
  • 4This 8-K filing serves as official notification of the tender offer's expiration.
  • 5A joint press release with Mobileye, detailing the tender offer results, is attached as an exhibit.
  • 6The filing confirms a procedural step in the Mobileye acquisition process.

Frequently Asked Questions

The main purpose of this filing is to formally announce the expiration of the subsequent offering period for Intel's tender offer to acquire Mobileye N.V. and to confirm that Intel did not extend this period.

This specific 8-K filing does not explicitly state the final percentage or number of Mobileye shares acquired. However, it mentions that a joint press release with Mobileye, which likely contains these details, is included as an exhibit.

This filing confirms the conclusion of the tender offer period, a significant step towards completing the acquisition. The actual completion and closing of the acquisition would typically follow this period, subject to other closing conditions outlined in the original offer.

The tender offer was conducted by Cyclops Holdings, LLC, a wholly-owned subsidiary of Intel Corporation.