• Flex agreed to sell USD 2 billion of Axiom Series A Convertible Preferred Stock to funds affiliated with General Catalyst, Koch Equity Development, co-investors.
• Investment set at an initial enterprise value for Axiom of USD 37.5 billion.
• Proceeds earmarked to help fund Axiom’s pending acquisition of EPC Power, repay any interim financing tied to that deal, support dividends, general purposes.
• Flex secured committed term-loan financing to cover the remaining EPC Power acquisition funding needs.
• Flex targets separating Axiom into an independent, publicly traded company in the first quarter of 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Flex Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202610050800PR_NEWS_USPR_____SF63229) on October 05, 2026, and is solely responsible for the information contained therein.