Qualcomm to acquire AI software firm Modular for up to 19.2M shares

Filed June 24, 2026 · Period ending June 21, 2026 · ~1 min read

Key Changes

• high

  Qualcomm signed definitive agreement to acquire Modular Inc, an AI software company, for up to 19.2 million QCOM shares issued to Modular equity owners in private placement

  Item 3.02 verify on EDGAR →
• medium

  Shares issued under Section 4(a)(2) and Regulation D Rule 506 exemption, making them restricted securities with resale limitations and avoiding registered offering requirements

  Item 3.02 verify on EDGAR →
• medium

  Transaction subject to regulatory approvals and closing conditions; final share count may adjust based on purchase price adjustments and unknown liabilities

  Item 3.02 verify on EDGAR →