Every Spin-Off
Axiom Solutions International
AXMForm 10 publicFlex's Cloud and Power Infrastructure segment, formerly reported as its data center business.
- Status
- Form 10 public
- Expected
- Q1 2027
- Parent
- Flex (FLEX)
- Spin-off ticker
- AXM
- Listing
- Nasdaq
- Market
- United States
Terms
Tax-free pro rata spin (Skadden tax opinion is a waivable condition). Flex shareholders are to receive about 88% to 94% of Axiom's common stock, with Flex keeping the rest; the per-share ratio is set before distribution. Done as a bonus issue plus capital reduction, which needs shareholder approval at the 2 Nov 2026 EGM (three-fourths majority for the capital reduction) and Singapore High Court approval. A General Catalyst-led group is buying Series A convertible preferred stock in Axiom.
Key dates
- Intent announced
- Form 10 filed
- Proxy for shareholder vote filed
- Flex EGM on the spin
- Innovation Day, Austin
- Expected completion
Source documents
- Press releaseFlex announces $2.0bn convertible preferred investment into Axiom (5 Oct 2026)
- PresentationInvestor presentation (05/26)
- Form 10 / prospectusNot yet public
- FilingFlex DEF 14A, EGM proxy for the Axiom spin (5 Oct 2026)
- SourceTransaction resources (Flex IR)
- FilingForm 10 filings on EDGAR (Axiom)
Every Spin-Off research
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