Qorvo completes $32.50-per-share merger with Skyworks Solutions
Qorvo closed its merger with Skyworks Solutions, giving shareholders 0.960 shares of Skyworks stock and $32.50 in cash per share.
Key takeaways
- Qorvo, Inc. (QRVO) completed its merger with Skyworks Solutions, Inc. on Oct. 5, 2026. Shareholders received 0.960 Skyworks shares and $32.50 in cash per share, and Qorvo common stock was delisted from Nasdaq.
Qorvo, Inc. completed its previously announced merger with Skyworks Solutions, Inc. on Oct. 5, 2026, according to a regulatory filing.
Under the terms of the merger agreement first signed on Oct. 27, 2025, each share of Qorvo common stock was converted into the right to receive 0.960 shares of Skyworks common stock and $32.50 in cash. No fractional shares of Skyworks stock were issued, with cash paid in lieu of fractional shares.
As part of the transaction, Qorvo terminated its existing credit agreement with Bank of America, N.A., dated as of April 23, 2024. All fees and amounts outstanding under the credit agreement were paid in full, and credit commitments were terminated.
Trading of Qorvo common stock on the Nasdaq Global Select Market halted prior to the opening of trading on Oct. 5, 2026. Qorvo requested that Nasdaq file a notification of removal from listing and registration on Form 25, and the company intends to file a certification on Form 15 to terminate its registration under Section 12(g) of the Securities Exchange Act of 1934.
Following the completion of the second step of the merger, Qorvo merged into Merger Sub II, which changed its name to Qorvo Technologies, LLC and operates as a wholly owned subsidiary of Skyworks. All members of Qorvo's board of directors resigned at the closing.