Sanmina Corporation (SANM) Form 8-K Summary
Key Event: Sanmina closed the acquisition of ZT Group Int’l, Inc. (“ZT Systems”), a provider of AI/hyperscale compute infrastructure, on October 27, 2025.
Transaction Value: Consideration at closing included $2.4B cash and $150M in Sanmina common stock (1.15M shares issued privately). Up to $450M contingent cash is payable over three years.
Financing & Debt:
- The acquisition was financed partly through amendments to the credit agreement, adding an $800M Incremental Term B-1 Loan Facility.