DivestmentMay 12, 2026, 04:12 PM
Alpha & Omega Semiconductor Completes $150M JV Stake Sale
AI Summary
Alpha & Omega Semiconductor Limited completed the sale of approximately 20.3% of its equity interest in a power semiconductor joint venture located in Chongqing, China. The company received the final installment of the $150 million cash consideration from SIMIC Holdings Co., Ltd. on May 11, 2026, finalizing the transaction that was initially disclosed on July 14, 2025. No pro forma financial statements were provided as the disposed equity interest was not considered significant.
Key Highlights
- Completed sale of approximately 20.3% equity interest in a China-based joint venture.
- Received final installment of $150 million cash consideration on May 11, 2026.
- Joint venture involves power semiconductor packaging, testing, and 12-inch wafer fabrication.
- Buyer was SIMIC Holdings Co., Ltd.
- Transaction initially disclosed on July 14, 2025.
- Equity interest disposed was not significant per Rule 11-01(b)(2) of Regulation S-X.