Flex (FLEX) has named its planned independent Cloud and Power Infrastructure company Axiom Solutions International and filed a preliminary Form 10 registration statement with the SEC as a key milestone toward a spin-off targeted for the first quarter of calendar 2027.
After completion of the planned spin-off, Axiom is expected to trade on Nasdaq under the ticker “AXM”. The Form 10 includes information on Axiom’s business, strategy, financial profile, leadership team and anticipated separation terms. Flex’s CEO Revathi Advaithi is expected to serve as Axiom’s CEO. The separation remains subject to customary conditions, including final Flex board approval, Form 10 effectiveness, Flex shareholder approval and Singapore High Court approval. Following completion, Flex and Axiom are expected to operate as two independent publicly traded companies, with more strategic details to be presented at Innovation Day on November 10, 2026, in Austin, Texas.