Advanced Micro Devices AMDAgreement
AMD issues Meta a warrant for up to 160 million AMD shares tied to GPU purchases
Filed Feb 24, 2026Original
An 8-K is the report a US listed company files within four business days of a material event.
What the company reported
- On February 23, 2026, AMD issued Meta a performance-based warrant to buy up to 160 million AMD common shares.
- The exercise price is $0.01 per share, and the warrant can be exercised until February 23, 2031.
- The first tranche vests on shipment of the first 1 gigawatt of AMD Instinct GPUs; all 160 million shares require purchases of 6 gigawatts.
- Vesting also depends on AMD stock price thresholds, rising to $600 per share for the final tranche.
Items reported
- 1.01 Material agreement
- 3.02 Unregistered share sale
- 7.01 Investor presentation
- 9.01 Exhibits
The company's own filing, put into Korean. The numbers are the filing's.