UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Events.
Maxim Integrated Products, Inc. (“Maxim”) has notified Avnet, Inc. (the “Company”) that, due to its acquisition by Analog Devices, Inc., Maxim intends to end its distribution relationship with the Company’s electronic components business. Maxim products accounted for approximately 3% of the Company’s sales during fiscal 2021. The Company will continue to pursue opportunities to support its customers and further strengthen and grow its supplier partnerships. Maxim’s distribution agreement with Premier Farnell remains in place.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
The following is attached as an exhibit to this Current Report on Form 8-K:
Exhibit |
| Description |
104 |
| Cover Page Interactive Data File (formatted as inline XBRL). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: October 6, 2021 | AVNET, INC. | |||
By: | /s/ Thomas Liguori | |||
Thomas Liguori | ||||
Chief Financial Officer | ||||