Qualcomm Inc.
QUALCOMM Issues Shares for Modular Inc Acquisition
Summary
On July 31, 2026, QUALCOMM Incorporated issued 17,826,566 shares of its common stock as consideration for the acquisition of Modular Inc, a private placement undertaken in reliance on exemptions from the Securities Act of 1933. This issuance was part of a definitive agreement entered on June 21, 2026, and was filed with the SEC in accordance with a Registration Rights Agreement dated July 28, 2026.
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About Qualcomm Inc.
Qualcomm Inc. is a global leader in the semiconductor and telecommunications equipment industries, primarily renowned for its advancements in wireless technology. The company is pivotal in developing and commercializing digital communication technologies, including 3G, 4G, and the latest 5G standards. Qualcomm's portfolio includes Snapdragon processors and modems, which are integral to the performance and connectivity features of many modern smartphones and other smart devices. With a presence in mobile, automotive, and IoT sectors, Qualcomm's innovations have a profound impact on enhancing wireless communication capabilities and powering connected experiences around the world. Additionally, Qualcomm licenses its vast array of patents to numerous device manufacturers, playing a crucial role in the evolution and deployment of new telecommunications technologies. As such, Qualcomm Inc. holds a significant position in the global technology market, driving the infrastructure for cutting-edge connectivity solutions.
Official SEC Documents
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