Lumentum Holdings Inc. - Common Stock (LITE)

Halper Sadeh LLC, an investor rights law firm, is investigating the sale of Lumentum Holdings Inc. (NASDAQ: LITE) to Marvell Technology, Inc. for 4.500 shares of Marvell common stock for each share of Lumentum common stock. Upon closing of the proposed transaction, Lumentum shareholders will own approximately 33% of the combined company.

LITE shareholders will receive just the equivalent of 4.5 shares of Marvell common stock for each share of Lumentum common stock they own. The transaction has an implied enterprise value of $115 billion for Lumentum, representing approximately $1,132 per share of Lumentum common stock; Ademi LLP is investigating the deal price, benefits to company insiders, and restrictions on competing offers

Marvell Technology, Inc. (NASDAQ: MRVL) and Lumentum (NASDAQ: LITE) today announced that they have entered into a definitive agreement for Marvell to acquire Lumentum in an all-stock transaction. Under the terms of the agreement, Lumentum stockholders will receive a fixed exchange ratio of 4.500 shares of Marvell common stock for each share of Lumentum common stock they own. The transaction has an implied enterprise value of $115 billion for Lumentum, representing approximately $1,132 per share of Lumentum common stock and a premium of approximately 23.9% based on each company’s unaffected closing share price as of October 28, 2026, the last trading day before market speculation regarding a potential transaction began. Post-closing, current Marvell stockholders will own approximately 67% of the combined company on a fully diluted basis, while Lumentum stockholders will own approximately 33%.

Lumentum Holdings Inc. (“Lumentum” or the “Company”) today reported results for its fiscal first quarter ended September 26, 2026.

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