Intel Corporation Reports Completion of $2.0 Billion Private Placement to SoftBank
Summary
Intel Corporation completed the issuance and sale of 86,956,522 shares of its common stock to SoftBank Group Corp. on September 26, 2025. This private placement generated an aggregate purchase price of $2.0 billion in cash, with shares sold at $23.00 each. The transaction was undertaken pursuant to a Securities Purchase Agreement dated August 28, 2025.
Why It Matters
This completion of an unregistered sale of equity raised $2.0 billion in cash for Intel Corporation, providing a significant capital infusion that could support strategic initiatives or strengthen the company's financial position.
Key Quote
“On September 26, 2025, Intel Corporation (the "Company") completed the issuance and sale of 86,956,522 shares of the Company's common stock, par value $0.”
— From Item 3.02
Filing Details
Reported Items
Additional Information
- CIK Number
- 0000050863
- Filing Date
- Monday, September 29, 2025
- Filing Time
- 12:00 AM UTC
- Form Type
- 8-K
- Materiality Level
- high
- Sentiment
- neutral