Sanmina (NASDAQ: SANM) posts ZT acquisition pro forma financials
Rhea-AI Filing Summary
Sanmina Corporation has filed an amended report to provide more detail on its acquisition of ZT Group Int’l, Inc. from a wholly owned subsidiary of Advanced Micro Devices, Inc. The company previously completed this acquisition on October 27, 2025 by purchasing all ZT common stock held by the seller under a May 18, 2025 equity purchase agreement. This amendment adds ZT’s audited consolidated financial statements for the years ended July 31, 2025 and 2024, and Sanmina’s unaudited pro forma condensed combined balance sheet as of September 27, 2025 and statement of income for the year ended September 27, 2025, showing how the combined company would have looked after the acquisition.
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FAQ
What did Sanmina (SANM) disclose about the ZT Group acquisition in this 8-K/A?
Sanmina disclosed that it completed the acquisition of ZT Group Int’l, Inc. on October 27, 2025 under a May 18, 2025 equity purchase agreement by purchasing all ZT common stock held by a wholly owned subsidiary of Advanced Micro Devices, Inc.
Why did Sanmina (SANM) file this amendment related to ZT Group?
The amendment was filed to include the historical financial statements of ZT and certain pro forma financial information required by Item 9.01(a) and (b), which were not included in the initial current report.
What financial statements of ZT Group are now available from Sanmina (SANM)?
Sanmina filed as Exhibit 99.1 the audited consolidated financial statements of ZT as of and for the years ended July 31, 2025 and July 31, 2024, including related notes and the audit report of KPMG LLP.
What pro forma financial information did Sanmina (SANM) provide for the ZT acquisition?
Sanmina provided as Exhibit 99.2 an unaudited pro forma condensed combined balance sheet as of September 27, 2025 and an unaudited pro forma condensed combined statement of income for the year ended September 27, 2025, giving effect to the acquisition.
How should investors interpret Sanmina’s (SANM) pro forma ZT acquisition information?
The company states that the unaudited pro forma condensed combined financial information is for informational purposes only. It does not represent the actual results Sanmina would have achieved had it acquired ZT during the periods presented and is not intended to project future results.
Which exhibits are included with Sanmina’s (SANM) ZT acquisition amendment?
The exhibits include: 23.1 (consent of KPMG LLP, independent auditors of ZT), 99.1 (ZT’s audited consolidated financial statements for the years ended July 31, 2025 and 2024) and 99.2 (Sanmina’s unaudited pro forma condensed combined financial information giving effect to the acquisition), along with the cover page interactive data file.