Qualcomm Incorporated filed a prospectus supplement to register an aggregate of 17,826,566 shares of its common stock for resale by selling stockholders. These shares were issued as consideration for the previously announced acquisition of Modular Inc.
Key Details
- Registered Shares: A total of 17,826,566 shares were registered for resale on behalf of the former stockholders of Modular Inc.
- Acquisition Context: The shares were issued as part of the consideration for the acquisition of Modular Inc., for which a definitive agreement was signed on June 21, 2026.
- Registration Rights: The filing fulfills obligations under a Registration Rights Agreement dated July 28, 2026, allowing the recipients of the shares to sell them on the public market.