Avnet Files 8K - Entry Into Definitive Agreement >AVT

Avnet Inc. (AVT) filed a Form 8K - Entry Into a Definitive Agreement - with the U.S Securities and Exchange Commission on July 06, 2026.

On July 1, 2026, Avnet, Inc. (the "Company") and Avnet Receivables Corporation, a wholly owned subsidiary of the Company, entered into Amendment No. 9 (the "RPA Amendment") to the Fourth Amended and Restated Receivables Purchase Agreement, dated August 16, 2018, as amended, with Wells Fargo Bank, N.A., as agent, and the financial institutions and companies party thereto (the "Receivables Purchase Agreement"). The RPA Amendment provides for, among other things, (i) an increase in the maximum purchase limit under the Receivables Purchase Agreement from $500,000,000 to $700,000,000, (ii) the extension of the termination date of the facility to July 1, 2028, and (iii) the exclusion of certain receivables from the Receivables Purchase Agreement. Other terms of the Receivables Purchase Agreement remain substantially the same as under the previously effective Receivables Purchase Agreement.

The RPA Amendment summary above is not complete, and is qualified by the terms contained in the RPA Amendment, which is filed as Exhibit 10.1 hereto and incorporated into this Item 1.01 by reference. Furthermore, the RPA Amendment is not a source of factual, business, or operational information about the Company or its subsidiaries. The representations, warranties, and covenants in the RPA Amendment were made only for purposes of the RPA Amendment as of specific dates, are solely for the benefit of the parties to the RPA Amendment, and may be subject to specific limitations, qualifications, and standards of materiality. Accordingly, investors should not rely on the representations, warranties, and covenants in the RPA Amendment.

Some or all of the parties to the RPA Amendment, or their affiliates, have in the past provided investment or commercial banking services to the Company and its affiliates for which they received customary fees and expenses and they may provide similar services in the future.

The full text of this SEC filing can be retrieved at: https://www.sec.gov/Archives/edgar/data/8858/000000885826000062/avt-20260701x8k.htm

Any exhibits and associated documents for this SEC filing can be retrieved at: https://www.sec.gov/Archives/edgar/data/8858/000000885826000062/0000008858-26-000062-index.htm

Public companies must file a Form 8-K, or current report, with the SEC generally within four days of any event that could materially affect a company's financial position or the value of its shares.