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Flex Ltd. files prospectus supplement and legal opinion with SEC

Published 04/09/2025, 21:30
Flex Ltd. files prospectus supplement and legal opinion with SEC
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Flex Ltd. (NASDAQ:FLEX) filed a prospectus supplement to its automatic shelf registration statement on Form S-3 with the Securities and Exchange Commission on Thursday. The filing included the opinion of Allen & Gledhill LLP regarding the legality of shares covered by the prospectus supplement, which was attached as Exhibit 5.1.

According to the press release statement, the filing was made solely for the purpose of providing the legal opinion related to the shares referenced in the prospectus supplement. The company’s ordinary shares are listed on The Nasdaq Stock Market LLC under the symbol FLEX.

No additional financial details or new business developments were disclosed in the filing. The information in this article is based on a statement provided in the company’s SEC filing.

In other recent news, Flex Ltd. reported strong first-quarter earnings for fiscal year 2026, with an adjusted earnings per share (EPS) of $0.72, surpassing analyst expectations of $0.63. The company’s revenue also exceeded forecasts, reaching $6.6 billion compared to the anticipated $6.26 billion. Despite these positive financial results, Flex maintained its operating margin guidance at 6.0-6.1%, even as it raised its revenue guidance to $26.5 billion from $25.9 billion. KeyBanc Capital Markets maintained its Overweight rating on Flex stock, viewing the recent sell-off as a buying opportunity. Additionally, Flex entered into a five-year warrant agreement with Amazon, signaling a long-term partnership, according to Raymond James. Meanwhile, Nextracker Inc. introduced its NX PowerMerge trunk connector, a new DC power component aimed at improving solar power plant installations. This marks Nextracker’s first product addition to its electrical balance of systems portfolio since acquiring Bentek earlier this year. These developments highlight significant activities within both companies.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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