Lumentum Holdings LITEFinancing
Lumentum sells $2 billion of Series A preferred stock to NVIDIA
Filed Mar 2, 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 March 2, 2026, Lumentum sold 2,876,415 shares of Series A Convertible Preferred Stock to NVIDIA at $695.31 per share, $2,000,000,000 in cash.
- The preferred converts one-for-one into common stock and votes with common holders, except on the election of directors.
- The companies also announced a multi-year strategic partnership to develop optics technology.
Items reported
- 3.02 Unregistered share sale
- 5.03 Charter or bylaws
- 7.01 Investor presentation
- 9.01 Exhibits
The company's own filing, put into Korean. The numbers are the filing's.