Form 8-K · Current Report · Filed 2024-05-29
MaxLinear Adopts 2024 Inducement Equity Incentive Plan
On May 22, 2024, MaxLinear, Inc.'s board adopted the 2024 Inducement Equity Incentive Plan to offer equity-based awards to new employees as an inducement for joining the company, without requiring stockholder approval.
- Filer
- MaxLinear Inc. MXL · NASDAQ
- Filed
- Accession
- 0001288469-24-000099
- CIK
- 0001288469
- Signal
- High impactTechnology
- Source
- Official filing on sec.gov ↗
Details
The plan includes various equity instruments and is intended to comply with Nasdaq rules. A copy of the plan is furnished as Exhibit 10.1.
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Financial Statements and Exhibits
Market reaction
Close before filing
$18.84
Next session
-4.9%
Since filing
+254.7%
Latest close
$66.82
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from MXL reporting the same item, with the next session's move:
Exhibits (1)
About MaxLinear Inc.
MaxLinear Inc. is a leading provider of radio-frequency (RF), analog, digital, and mixed-signal semiconductor solutions for broadband communications and wireless infrastructure. The company's products enable the delivery of high-speed data and multimedia content in various applications, including broadband access, Wi-Fi, datacenter connectivity, and industrial IoT. MaxLinear's solutions are critical in optimizing signal transmission and reception, enhancing data throughput, and improving the connectivity of devices. Serving industries such as telecommunications, home networking, and automotive electronics, MaxLinear plays a significant role in powering the growing demand for faster, more reliable internet and communication services. Founded in 2003 and based in Carlsbad, California, the company is well-positioned in the semiconductor market, working to advance the technology that supports critical connectivity infrastructure globally. MaxLinear’s dedication to innovation drives progress in achieving greater efficiency and miniaturization in electronic components, reinforcing its relevance in the rapidly evolving technological landscape.
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