8-KRegulation FD

Lumentum Holdings Inc. 8-K Report, Regulation FD Disclosure (Nov 17, 2015)

Filed November 17, 2015For Securities:LITE

Summary

This Form 8-K filing from Lumentum Holdings Inc. (LITE) addresses a delay in filing its Quarterly Report on Form 10-Q for the period ended September 26, 2015. The company, which recently commenced operations as an independent public entity following a separation from Viavi Solutions Inc. on August 1, 2015, experienced delays in completing the necessary carve-out financial statements for the stub period preceding the separation. Consequently, Lumentum was unable to complete the required review procedures within the extended filing period. The company anticipates filing the delinquent Form 10-Q on November 17, 2015. Investors should note that this 8-K is for disclosure purposes and is not considered 'filed' under Section 18 of the Exchange Act, meaning it does not carry the same liabilities as a formally filed report.

Key Highlights

  • 1Lumentum Holdings Inc. (LITE) is filing an 8-K to disclose a delay in its Form 10-Q filing for the quarter ended September 26, 2015.
  • 2The delay is attributed to difficulties in completing carve-out financial statements for the stub period prior to the company's separation from Viavi Solutions Inc. on August 1, 2015.
  • 3Lumentum did not meet the extended filing deadline provided by a prior Form 12b-25 filing.
  • 4The company expects to file the delinquent Form 10-Q on November 17, 2015.
  • 5This 8-K filing is intended for Regulation FD disclosure and is not deemed 'filed' under Section 18 of the Securities Exchange Act of 1934.
  • 6The Chief Financial Officer, Aaron Tachibana, signed the report on behalf of the company.

Frequently Asked Questions

Lumentum is filing this 8-K to inform investors about a delay in filing its quarterly report (Form 10-Q) for the period ending September 26, 2015. The company was unable to complete the filing within the permitted extension period.

The delay is due to challenges in finalizing the carve-out financial statements for the short period before Lumentum became an independent company on August 1, 2015, following its separation from Viavi Solutions Inc. These financial statements are necessary for the review process.

Lumentum expects to file the Form 10-Q for the fiscal quarter ended September 26, 2015, on November 17, 2015.

No, this 8-K is being furnished for Regulation FD disclosure purposes and is not deemed 'filed' under Section 18 of the Securities Exchange Act of 1934. This means it is not subject to the liabilities associated with Section 18, though it provides important information regarding the delay.