QUALCOMM Issues Warrant to Amazon for Up to 25 Million Shares

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The warrant, which expires on September 3, 2036, is tied to certain commercial arrangements and purchase commitments by Amazon. The warrant shares vest in tranches based on the execution of commercial agreements and actual purchases by Amazon, up to a maximum amount of $60 billion in payments. The warrant was issued in reliance on the exemption from registration under Section 4(a)(2) of the Securities Act of 1933, as amended.

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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.