Qualcomm issues 17,826,566 shares in unregistered private placement for Modular acquisition
Reuters2026/07/31 20:21Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Qualcomm issued 17,826,566 common shares in an unregistered private placement as acquisition consideration for Modular Inc.
- The issuance relied on Section 4(a)(2) of the Securities Act and Rule 506 of Regulation D.
- A July 31, 2026 prospectus supplement registered the shares for resale by the selling stockholders under a July 28, 2026 registration rights agreement.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Qualcomm Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-089234), on July 31, 2026, and is solely responsible for the information contained therein.
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