Flex Unveils Axiom As Its AI Infrastructure Spin-Off
Flex Ltd. to spin off Axiom Solutions (AXM) by Q1 2027 to meet rising AI and data center power demand. Read the full update.
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Dan Loeb’s Third Point acquired 1 million Flex shares worth about $166 million in the second quarter, as of June 30.
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Flex Ltd. to spin off Axiom Solutions (AXM) by Q1 2027 to meet rising AI and data center power demand. Read the full update.
Filed: 2026-10-05 AccNo: 0001193125-26-413173 Size: 1 MB Item 1.01: Entry into a Material Definitive Agreement Item 2.03: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant Item 3.02: Unregistered Sales of Equity Securities Item 8.01: Other Events Item 9.01: Financial Statements and Exhibits
Flex (NASDAQ: FLEX) announced today that it has entered into an agreement to sell $2.0 billion of shares of Series A Convertible Preferred Stock of Axiom Solutions International, Inc. (Axiom), Flex's Cloud and Power
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