Lumentum Holdings Inc. — Form 8-K
Filed November 2, 2026 · analyzed by the 8-K Agent
8-K
▲ Likely positive
significance 72/100
What the filing says
Marvell Technology (MRVL, ~$16.5B market cap) agreed to acquire Lumentum Holdings (LUMU) in an all-stock merger dated November 1, 2026. Exchange ratio: 4.50 shares of Marvell common stock per Lumentum common share. At Lumentum measurement date (Oct 29, 2026): 90.7M common shares, 2.88M Series A preferred shares, and 7.27M shares issuable via convertible notes outstanding. Marvell to issue ~408M additional shares (90.7M × 4.50). Deal includes optional Series B preferred alternative for preferred holders. Marvell stockholders must approve charter amendment and share issuance; Lumentum stockholders must adopt merger agreement.
Why this rating
Material transformational deal—Lumentum represents ~2.5% of Marvell's market cap by share count (~408M new shares vs. 878M current). Meaningful strategic M&A in semiconductor/optical space, but not business-altering for Marvell's $16.5B scale. Regulatory, financing, and stockholder approvals required.
Tradability signal
NO TRADE
No trade: only ~$0k traded in the last 30 min — too illiquid to enter and exit. (Filing arrived outside market hours — evaluated at the next open with a live quote.)
Derived from this site's own measured outcomes + live price/liquidity at analysis time. An experiment, not investment advice.
Price action (we called it positive)
before filing · preread $788.51 ▲ 0.78% | at our read · unknown $782.38 | +10 min · unknown $759.51 ▼ 2.92% | +30 min · unknown $743.16 ▼ 5.01% | +1 hr pending | +4 hrs pending |
The stock had already moved -0.78% between hitting EDGAR and our read finishing — deltas above are measured from our read.
Quotes via Yahoo Finance at capture time; for filings arriving outside market hours the clock starts at the next open. Not investment advice. How accurate are our calls? →
See more from November 2, 2026.
EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.