Qualcomm files prospectus supplement for resale of 17.8M shares issued in Modular acquisition

Qualcomm filed a prospectus supplement to register resale of 17,826,566 shares issued as acquisition consideration for Modular.Key Highlights:Original SEC Filing: QUALCOMM INC/DE [ QCOM ] - 8-K - Jul. 31, 2026This is an AI-powered summary. It may contain inaccuracies. Consider verifying important i…

Qualcomm filed a prospectus supplement to register resale of 17,826,566 shares issued as acquisition consideration for Modular.

Key Highlights:

The prospectus supplement registers resale of 17,826,566 shares of common stock from the Modular acquisition.
Those shares were issued in a private placement in connection with Qualcomm's June 21, 2026 agreement to acquire Modular.
Registration was filed under a Registration Rights Agreement dated July 28, 2026, enabling the selling stockholders to resell the shares.
Legal opinion from Paul, Weiss and the Registration Rights Agreement are filed as exhibits and incorporated by reference.

Original SEC Filing:

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.